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Energy Bill

I am grateful to the noble Lord, who has shown the greatest understanding and maximised my chances—although they are still not high enough. The industry will know the unit price that it is facing, fixed cost, for the disposal of its waste. A component of that is the Government’s, because of legacy, but for all additional waste, it will know its fixed price. It will be different for power stations according to when they are constructed. It may go up; it may go down; nevertheless, that is the fixed cost on which they operate. Where they may benefit from technological advance is in decommissioning costs. Through advance in technology, we may reduce the decommissioning costs of a power station, and each of them may benefit from that. That is really the best that I can do.