Lord Berkeley – 2016 Parliamentary Question to the Department for Energy and Climate Change
The below Parliamentary question was asked by Lord Berkeley on 2016-03-14.
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.
Lord Bourne of Aberystwyth
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.
