Speeches

Alan Brown – 2015 Parliamentary Question to the Department for Energy and Climate Change

The below Parliamentary question was asked by Alan Brown on 2015-10-19.

To ask the Secretary of State for Energy and Climate Change, pursuant to the Answer of 15 October 2015 to Question 11217, what the cost element is of the projected transmission charges within the agreed electricity strike rate of £92.50/MWh; and which party carries the risk if transmission charges are higher than predicted when the strike rate was agreed.

Andrea Leadsom

The Generator’s estimate of transmission costs is commercially sensitive.

The Strike Price could be adjusted, upwards or downwards, in relation to operational and certain other costs (including balancing and transmission charges) at certain fixed points including through opex reopeners at 15 and 25 years after the start date of the first reactor. Further detail on the treatment of transmission charges is included in the Departmental minute presented to Parliament on 21st October.