July 13, 2016 6:30 pm
Andrew Ward, Energy Editor
Consumers will pay a 30bn subsidy for electricity from the proposed Hinkley Point nuclear power station — almost five times the original estimate — according to the latest projections from the National Audit Office.
The increase reflects a reduction in long-term forecasts for the wholesale cost of electricity — widening the gap between market prices and the amount promised by the UK government to EDF, the French company (...)
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