Hornsea Project Four FAQ - orstedcdn.azureedge.net

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1 Climate Change Act 2008. Available online: http://www.legislation.gov.uk/ukpga/2008/27/pdfs/ukpga_20080027_en.pdf 2 The ‘strike price’ is a price for electricity which reflects the cost of investing in a particular low carbon technology. This is compared against the ‘reference price’ – a measure of the average market price for electricity in the GB market and the difference between the two is paid to the generator.

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4 Any energy project over 100 MW.

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