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Renewable Energy: Feed-in Tariffs

Energy and Climate Change written question – answered on 27th June 2012.

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Photo of Dan Byles Dan Byles Conservative, North Warwickshire

To ask the Secretary of State for Energy and Climate Change what estimate he has made of the maximum acceptable strike price for a feed-in tariff with contract for difference for new nuclear power generation, beyond which new nuclear build would become uneconomic in comparison with alternative low-carbon energy generation.

Photo of Charles Hendry Charles Hendry The Minister of State, Department of Energy and Climate Change

No estimate has been made of a maximum acceptable strike price for a feed-in tariff with contract for difference for new nuclear power generation.

Any strike price that is agreed for new nuclear power generation will be based on delivering a fair deal which is affordable and provides clear value for money (taking into consideration the costs of comparable technologies, on a like-for-like basis), and is consistent with the Government's policy on no public subsidy for new nuclear.

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