Results 1–20 of 145 for levelised

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Energy Security Strategy — [Geraint Davies in the Chair] (5 Jul 2022)

John Penrose: ...largest source of potential tidal power. He is right, of course, about the up-front costs being significant and the lifetime costs being lower. However, even factoring that in, the total lifetime levelised costs of tidal power are, from all the figures I have seen, dramatically higher than anything else out there. Has the hon. Gentleman seen figures that I have not?

Written Answers — Department for Business, Energy and Industrial Strategy: Energy and Fossil Fuels (28 Apr 2022)

Greg Hands: The Department’s Electricity Generation Cost Report, published at https://www.gov.uk/government/collections/energy-generation- cost-projections#2020, sets out levelised cost of electricity estimates for a range of technologies, including renewables, nuclear energy and fossil fuels.

Written Answers — Department for Business, Energy and Industrial Strategy: Electricity Generation: Costs (30 Mar 2022)

Steven Baker: ...and Industrial Strategy, with reference to his Department's response to FOI2021/05245, if he will publish his Department's final versions of the following files relating to calculations of the levelised cost of electricity generation (a) Solar Methodology.xlsx, (b) Onshore Methodology.xlsx, (c) Offshore Methodology.xlsx, (d) Generation Costs Summer Updates 2019 PR.pptx, (e) Offshore Wind...

Written Answers — Department for Business, Energy and Industrial Strategy: Gas Fired Power Stations (8 Mar 2022)

Steven Baker: To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessments he has made of the effects of a reduced capacity factor on the levelised cost of gas-fired power stations.

Written Answers — Department for Business, Energy and Industrial Strategy: Wind Power: Offshore Industry (7 Mar 2022)

Steven Baker: To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the levelised cost of offshore wind farms commissioning in 2022.

Written Answers — Department for Business, Energy and Industrial Strategy: Renewable Energy (7 Mar 2022)

Steven Baker: To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will publish the calculations underlying his Department’s most recent estimates of levelised costs of renewable generators.

Nuclear Energy (Financing) Bill - Second Reading (21 Feb 2022)

Lord Ravensdale: ...Applying that thinking to the energy system shows that we cannot consider elements of the system in isolation. For example, renewables are achieving competitive costs of power at the generator, in levelised cost of electricity—or LCOE—terms. But as the percentage of renewables on the system increases, so, too, does the cost of system modification and back-up to cover those periods of...

Nuclear Energy (Financing) Bill: Clause 7 - Licence modifications: relevant licensee nuclear companies (10 Jan 2022)

Mark Jenkinson: We have heard a lot today about offshore wind and how it could be the saviour of our energy system. Is my right hon. Friend aware that the levelised cost of energy of our largest offshore wind farm last year was £140 per megawatt-hour, which is twice the price of nuclear energy, if not more?

Tidal Energy Generation: Ringfenced Funding (25 Nov 2021)

Ian Blackford: ...to generate 34 terawatt-hours a year by 2050. The recent research for the Royal Society also indicates that if we build up this targeted support for the tidal industry, it will drive down the levelised cost of energy to below £150 per megawatt-hour. This would make tidal stream cost-competitive with other technologies such as combined cycle gas turbines, biomass and anaerobic digestion....

Onshore Wind Bill [HL] - Second Reading (19 Nov 2021)

Lord Callanan: ...onshore wind is now among the cheapest forms of electricity generation. The most recent Electricity Generation Costs report, published by my department, estimated that onshore wind projects have a levelised cost of electricity of £46 per megawatt hour, making it the second-cheapest form of electricity generation, behind utility-scale solar. We will need more. In response to the noble...

Public Bill Committee: Nuclear Energy (Financing) Bill: Examination of Witnesses (16 Nov 2021)

Mark Jenkinson: ...level to force on the poorest in our society for energy per megawatt-hour? We have heard today that we can probably produce energy at £60 per megawatt-hour, possibly a bit less. The update in levelised cost of energy for 2020 for one of the UK’s biggest wind farms, which continues to be extended in Walney, was £136 per megawatt-hour. That is before we take into account constraint...

Public Bill Committee: Nuclear Energy (Financing) Bill: Examination of Witnesses (16 Nov 2021)

...to do that; they will reach a plateau and companies will start to go to deeper waters and floating offshore wind prices will pick up. We are also judging things on an old-fashioned measure of the levelised cost of electricity, but for renewables we need to start building in the cost of energy storage as well. That does not come cheap. There is a lot of talk about hydrogen, but that...

Electricity Supply - Question (3 Feb 2021)

Lord Ravensdale: ..., as shown in the register. We are losing a large amount of low-carbon firm power capacity by the end of this decade. Much of the debate on future generation has been based on comparison of levelised costs of electricity metrics between technologies. Does the Minister agree that this does not recognise the system costs of intermittent generators, and that an alternative model should be...

Written Answers — Department for Business, Energy and Industrial Strategy: Renewable Energy (1 Feb 2021)

Anne-Marie Trevelyan: The Department publishes information on one useful measure of cost effectiveness for generation technologies in its Electricity Generation Costs series. The latest report (2020) sets out the Levelised Cost Of Electricity (LCOE) for renewables, which can be compared against the LCOE for a generic large-scale nuclear plant published in the 2016 report. The true cost of any future nuclear plant...

Written Answers — Department for Business, Energy and Industrial Strategy: Tidal Power: Swansea Bay (23 Jun 2020)

Kwasi Kwarteng: The key categories of assumptions used are listed in Annex B of the Department’s value for money assessment for the proposed programme of tidal lagoons.[1] Test 2a of the assessment considered levelised cost, expressed in £/MWh terms, of the proposed lagoons over their full assumed asset life of 120 years. Test 2b (costs of the GB power system) and Test 3 (household bills) assessed the...

Climate Change - Motion to Take Note (6 Feb 2020)

Lord Ravensdale: ...about the policy implications of CCS. Along with other firm power generation methods such as nuclear, which are needed for a least-cost electricity system, it suffers from being compared on a levelised cost of electricity basis with intermittent renewables, in terms of pounds per megawatt hour. The levelised cost of energy calculation is done at the point of generation, not at the point of...

Written Answers — Department for Business, Energy and Industrial Strategy: Electricity: Costs (30 Jan 2020)

Kwasi Kwarteng: We are currently undertaking a review of our evidence on levelised costs of electricity generation, which will be published in due course. BEIS’s most recent published assessment of electricity generation costs can be found in the generation costs report (2016)[1]. [1] https://www.gov.uk/government/publications/beis-electricity- generation-costs-november-2016

Written Answers — Department for Business, Energy and Industrial Strategy: Electricity Generation (7 Oct 2019)

Alan Brown: To ask the Secretary of State for Business, Energy and Industrial Strategy, what the timeframe is for the conclusion of the review of evidence on levelised costs of electricity generation; and if she will make a statement.

Written Answers — Department for Business, Energy and Industrial Strategy: Electricity: Costs (5 Mar 2019)

Alan Whitehead: To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he has plans to update his Department’s assessment of the levelised cost of electricity across all generation sources.

Feed-in Tariffs (Closure, etc.) Order 2018 - Motion to Regret (4 Mar 2019)

Lord Grantchester: ...and a new scheme drawn up. How long do the Government expect to take between the end of this consultation and having a smart exports guarantee scheme ready? The order includes an element of levelisation—charges on suppliers for costs—and the Government would wish to build on suppliers providing remuneration to small-scale low-carbon generators under their new SEG scheme. However, the...


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