Price of offshore wind power falls to cheapest ever level in UK
by Alex Lawson Energy correspondent from on (#616P2)
Contract price is nearly 6% lower than previous auction in 2019, which could ease pressure on energy bills
The price of offshore wind power in the UK has fallen to an all-time low, which could ease the pressure on future household energy bills.
Following the biggest ever UK renewables auction, the government said on Thursday the contract price for windfarms was nearly 6% lower than the previous auction, despite the rising cost of materials to build windfarms.
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