Generation cost measure labelled ‘blunt instrument’

The government’s key measure of electricity generation costs has been described as a “blunt instrument” by an MP who is championing plans to use the Mersey for a pilot tidal power project. Mick Whitley, Labour MP for Birkenhead, called for a rethink of the levelised cost of energy (LCOE) mechanism, which he claims hinders technologies such as tidal.

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