Andrew Rosindell – 2015 Parliamentary Question to the Department for Energy and Climate Change

The below Parliamentary question was asked by Andrew Rosindell on 2015-11-02.

To ask the Secretary of State for Energy and Climate Change, what the agreed terms and retail price (a) with and (b) without an RPI-annual refix are of the recently announced China/EDF deals.

Andrea Leadsom

The Contract for Difference for Hinkley Point C if entered into in its final form would provide an initial strike price of £92.50/MWh, or if Sizewell goes ahead it will be reduced to £89.50/MWh, both in 2012 prices and fully indexed to the Consumer Price Index (not RPI). My rt. hon. Friend the Secretary of State expects to be in a position to take her final decision on the Contract for Difference and associated agreements for Hinkley Point C once the documentation relating to equity investment into the project is finalised.