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Hinkley Point C Power Station

Energy and Climate Change written question – answered on 18th July 2013.

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Photo of Paul Flynn Paul Flynn Labour, Newport West

To ask the Secretary of State for Energy and Climate Change how many meetings (a) Ministers and (b) officials of his Department have had with Électricité de France in (i) the UK and (ii) France to discuss the strike price for nuclear power at Hinkley Point C in 2013 to date; and whether any of those meetings have involved (A) Treasury Ministers and (B) officials; what period will be allowed for Parliamentary scrutiny of the agreement once it has been completed; and whether such scrutiny will include provision to propose amendments to the agreement.

Photo of Michael Fallon Michael Fallon The Minister of State, Department for Business, Innovation and Skills , Minister of State, Department of Energy and Climate Change

Negotiations over the Investment Contract have entailed numerous meetings with Électricité de France (EdF) and its joint venture NNB over terms, including price, some of which have involved Commercial Secretary to HM Treasury the noble Lord Deighton.

This is a commercial transaction between the Government and EdF. If a deal is to be reached, we have always been clear it must represent a fair deal that is affordable and provides clear value for money. Any contract that is agreed will be laid before Parliament and published in line with the requirements of the Energy Bill alongside summaries of reports from external expert advisors and our value for money appraisal.

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