Hinkley Point C Power Station

(asked on 5th December 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what is the current estimated strike rate for Hinkley Point C for the estimated operational year of 2027 based on the annual RPI increases since the 2013 agreed strike rate of £92.50 and future estimates of annual inflation.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 13th December 2022

The Low Carbon Contracts Company (LCCC) is the counterparty to the Contracts for Difference (CfD) with the Developer of Hinkley Point C. The LCCC does not forecast the future strike price but does update the strike price annually based on actual inflation (CPI) data (and other parameters) in line with the CfD contractual requirements.

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