Written question asked by Callum McCaig (Scottish National Party) on Friday, 24 June 2016, in the House of Commons. It was due for an answer on Tuesday, 28 June 2016. It was answered by Andrea Leadsom (Conservative) on Monday, 4 July 2016 on behalf of the Department of Energy and Climate Change.

Electricity: Prices

Question: To ask the Secretary of State for Energy and Climate Change, what forecast her Department has made of wholesale electricity prices in each of the next 35 years.

Answer

Projections of wholesale electricity prices up to 2035 are available in Annex M of the 2015 Energy and Emissions Projections, published online by DECC at:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/477625/Annex-m-price-growth-assumptions.xls and reproduced below.

Projected wholesale electricity price (p/kwh, 2015 prices)

Year	Reference scenario	Low fossil fuel price scenario	High fossil fuel price scenario
2016	4.8	4.0	5.7
2017	5.2	4.2	6.3
2018	4.8	3.6	6.0
2019	4.6	3.3	6.0
2020	4.9	3.4	6.2
2021	5.4	3.8	7.1
2022	5.8	4.1	7.2
2023	6.0	4.2	7.5
2024	6.5	4.7	8.0
2025	6.7	4.8	8.3
2026	6.9	4.9	8.3
2027	6.9	5.1	8.3
2028	6.6	5.0	7.9
2029	6.6	5.1	7.8
2030	6.6	5.4	7.9
2031	6.6	5.4	8.2
2032	6.6	5.7	8.3
2033	6.3	5.4	7.4
2034	6.7	5.5	7.8
2035	6.1	5.0	6.8

Secondary information

Type: Written question
Reference: 41225
Session: 2016-17
Subjects: Electricity Prices
Contains statistics: Yes
Link: View this Written question on www.parliament.uk

Electricity: Prices

Secondary information

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