The price of electricity from offshore wind in Britain has dipped below the level guaranteed to Hinkley Point, raising questions about the construction of the vast nuclear power station.
The Department for Business, Energy and Industrial Strategy disclosed Monday the results of auctions for state subsidies for three new wind offshore farms.
Denmark's DONG Energy won the auction to buildRead more
Britain finally gave the go-ahead Thursday for Hinkley Point, its first nuclear plant in a generation, but set conditions to address concerns over China’s role in a flagship project for Europe’s nuclear sector.
The announcement, welcomed by its French and Chinese backers, came two months after Prime Minister Theresa May caused shockwaves by ordering a review of the £18 billionRead more