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by cbmuser 1733 days ago
The fixed priced negotiated for Hinkley Point C is something like 90 GBP per MWh for the next 35 years.

The market spot price in the UK is at 150-200 GBP per MWh now.

1 comments

> is something like 90 GBP per MWh

...in 2012 value of GBP. Right now the inflation-adjusted value is something like 112 GBP per MWh or so. You'll have to do the math yourself for future inflation.

Also the spot price remaining like this for the next 35 years is obviously out of question. These levels of prices will attract investments in generator technologies that can be scaled up very quickly.