Birdwatch Archive

Birdwatch Note

2023-08-17 16:22:28 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

The source of the '9 times more expensive', is a climate activist site. It takes gas at the peak, then conflates € and £. https://www.carbonbrief.org/analysis-record-low-price-for-uk-offshore-wind-is-four-times-cheaper-than-gas/ The site also talks of CfD. These are not binding, and most companies did not enter, but sold the power at market. LCOE of wind is higher than gas. https://www.sciencedirect.com/science/article/abs/pii/S0301421518308504

Written by 901555E0E7B5289FD71C51D1411246180B963D87AD838ABD2F6AECF2FCA259B2
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• The source of the '9 times more expensive', is a climate activist site. It takes gas at the peak, then conflates € and £. https://www.carbonbrief.org/analysis-record-low-price-for-uk-offshore-wind-is-four-times-cheaper-than-gas/ The site also talks of CfD. These are not binding, and most companies did not enter, but sold the power at market. LCOE of wind is higher than gas. https://www.sciencedirect.com/science/article/abs/pii/S0301421518308504