UK offshore wind power subsidies set to drop below nuclear – Siemens

By Susanna Twidale
| LONDON

LONDON Subsidy costs for British offshore wind farms are likely to fall below that of new nuclear plants in next month’s government auction, German firm Siemens’ head of its British offshore wind turbines business told Reuters.

Britain’s government is under pressure to bring down users’ electricity costs at the same time as subsidising low-carbon generation to help meet its carbon emission reduction

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