There have been 171 successful wind energy auctions, both offshore and onshore, all struck at double the current market price.

Rating

There have only been 114 successful wind power energy auction bids since the current system launched around a decade ago, not 171 as Mr Farage claimed. Of these, 32 occurred since Ed Miliband became the Secretary of State following Labour’s general election victory in July. Analysis by the PA news agency suggests that the strike prices for 23 of these 114 wind farms were set at double what the market price was at the time the contracts were announced, while 49 were agreed at less than half of the then-market price.

Reviewed by PA Media ↗ · December 6, 2024