Speeches

Margaret Ritchie – 2016 Parliamentary Question to the Department for Energy and Climate Change

The below Parliamentary question was asked by Margaret Ritchie on 2016-04-11.

To ask the Secretary of State for Energy and Climate Change, if she will make an assessment of the implications for her policies of the findings of the Intergenerational Foundation in its research report, Toxic time capsule, published in April 2016, on the relative costs to the public purse and generating capacity of solar power, wind power and the Hinkley Point C project.

Andrea Leadsom

We do not recognise the figures presented in the report for the Intergenerational Foundation. Hinkley Point C is a good deal for consumers and, once operational will provide 60 years of secure, reliable and low-carbon electricity. This will help us to keep the lights on while meeting our emissions targets in the most cost-effective way.

My Rt. hon friend, The Secretary of State is minded to proceed with the CfD support package for Hinkley Point C, subject to EDF taking a final investment decision.