Norway To Reap £1.6bn Subsidies From UK Energy Users

NALOPKT
Two Norwegian state-controlled energy companies are in line to receive £1.6bn in subsidies from UK consumers, after deciding to invest £1.5bn in building a wind farm off the coast of Norfolk. ......
The National Audit Office last week criticised the way in which ministers awarded subsidies to Dudgeon and seven other projects, which received contracts early with no competition. The NAO said this could result in “excessive” returns for energy companies and poor value for money for consumers.
The NAO calculates that Dudgeon will receive £1.6bn in subsidy over 15 years – implying it could cost every UK home roughly £1.50 a year on their energy bills."