A £12bn deal to construct wind farms has been described by Prime Minister Andy Burnham as “a vote of confidence for building in Britain”.
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The wind farms are expected to be fully commissioned in 2030, with offshore construction scheduled to begin in early 2027.
German firm RWE said the Vanguard projects, located between 50 and 80 km (31 to 49 miles) off the coast, represented one of the UK’s largest offshore wind developments, generating around 2.8 gigawatts, enough to supply three million homes.
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Is it really great news for billpayers? Will we see a decrease in our bills when these come online?
No, because gas peaker plants still set the price of energy. If one gas plant is online, all energy on the grid is priced up to match it.
The only way to reduce our bills permanently (under the existing laws) is to remove all fossil fuels from the grid entirely
Hopefully we can get rid of those laws as many other European countries have.