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Written question asked by Tom Greatrex (Labour) on Tuesday, 21 October 2014, in the House of Commons. It was due for an answer on Friday, 24 October 2014 (named day). It was answered by Matt Hancock (Conservative) on Friday, 24 October 2014 on behalf of the Department of Energy and Climate Change.


Hinkley Point C Power Station

Question

To ask the Secretary of State for Energy and Climate Change, what estimate he has made of the strike price for Hinkley Point C in October 2014 prices.

Answer

The Hinkley Point C strike price in 2012 prices is £89.50/MWh indexed to the Consumer Price Index. This price benefits from upfront reduction of £3/MWh built in on assumption that EdF will be able to share first of a kind costs of EPR reactors across Hinkley Point C and Sizewell C sites. If the final investment decision is not taken on Sizewell C, the Strike Price for Hinkley Point C will be £92.50/MWh in 2012 prices. The Department has not restated the strike price in October 2014 prices.


Secondary information

Type
Written question
Reference
211348
Session
2014-15
Subjects
Electricity Prices Hinkley Point C power station
Contains statistics
Yes
Link
View this Written question on www.parliament.uk