Nuclear Power: Prices

Department for Business, Energy and Industrial Strategy written question – answered on 8th December 2017.

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Photo of Alan Whitehead Alan Whitehead Shadow Minister (Department for Business, Energy and Industrial Strategy) (Energy and Climate Change), Shadow Minister (Business, Energy and Industrial Strategy)

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether proposals for Contracts for Difference for new nuclear power stations other than Hinkley Point C will count as new levies under the Control for New Carbon Levies.

Photo of Richard Harrington Richard Harrington Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The Control’s current forecast period is set to 2025. Potential new nuclear projects, after Hinkley Point C, are expected to become fully operational beyond 2025 and are therefore not affected by the commitment to no new levies up until this date.

The Government will keep both the forecast period and Control under regular review. This will include considering how the Control could work after 2025.

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