Speeches

Matthew Pennycook – 2016 Parliamentary Question to the Department for Energy and Climate Change

The below Parliamentary question was asked by Matthew Pennycook on 2015-12-16.

To ask the Secretary of State for Energy and Climate Change, what wholesale price and carbon price forecast scenarios her Department uses when forecasting total projected expenditure of the Levy Control Framework.

Andrea Leadsom

The assumptions on wholesale prices used in the LCF projections are consistent with the wholesale fossil fuel, electricity, and carbon prices scenarios published as part of the updated Energy and Emissions Projections in November this year, and are set out in Annex M available at:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/477625/Annex-m-price-growth-assumptions.xls