Re: Deal of the century
Who said fixed price?
"The UK government has promised to pay EDF a fixed fee, subject to annual increases, of £92.50 (in 2012 prices) per megawatt-hour for 35 years."
In other words they're guaranteed double what we're currently paying *plus* an unspecified annual increase. At what seems like an average increase of 5% that's about £150 after ten years ...
The investors must be crying all the way to the bank ...