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Written question asked by Caroline Lucas (Green Party) on Monday, 13 July 2020, in the House of Commons. It was due for an answer on Wednesday, 15 July 2020. It was answered by Nadhim Zahawi (Conservative) on Tuesday, 21 July 2020 on behalf of the Department for Business, Energy and Industrial Strategy.

Hinkley Point C Power Station

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the Internal Review prepared for the EDF Board in 2015 conducted by Yannick d’Escatha on the economic viability of the European Pressurised Reactor being built at Hinkley; and when he first became aware of that report.

Answer

The Internal Review was a matter for EDF and was widely known about at the time; for example, it was referred to in a press release issued by EDF on 12 March 2016.

The Government conducted due diligence on the project before entering into the contractual agreements. EDF, as the lead investor in Hinkley Point C, is responsible for the project’s funding and construction schedule. Any additional costs incurred are the responsibility of EDF, and its fellow shareholders in the project, and will not fall on taxpayers or consumers.

Secondary information

Type
Written question
Reference
72867
Session
2019-21
Subjects
Finance EDF Energy Pressurised water reactors Hinkley Point C power station
Link
View this Written question on www.parliament.uk