Electricity Generation

Department for Energy and Climate Change written question – answered at on 24 March 2016.

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Photo of Lord Berkeley Lord Berkeley Labour

To ask Her Majesty’s Government what assessment they have made of (1) the completion date, and (2) the impact on electricity sale prices, of (a) the Swansea Lagoon project, and (b) the Hinkley Point nuclear power station.

Photo of Lord Bourne of Aberystwyth Lord Bourne of Aberystwyth The Parliamentary Under-Secretary of State for Energy and Climate Change, Lord in Waiting (HM Household) (Whip), The Parliamentary Under-Secretary of State for Wales

EDF have said that they expect Hinkley Point C to start generating electricity in 2025. Hinkley Point C is a good deal for everyone including consumers – Hinkley would provide reliable energy at an affordable cost, powering nearly six million homes for around 60 years and creating more than 25,000 jobs.

The negotiations regarding a Contract for Difference for the proposed Swansea Bay lagoon remain ongoing.

On 10 February, the Government announced an independent review to consider alternatives approaches to financing tidal lagoons, providing an evidence base to ensuring decisions are taken in the best interest of bill-payers.

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