Electricity: Prices

(asked on 9th November 2015) - View Source

Question

To ask the Secretary of State for Energy and Climate Change, what difference there is between the wholesale price for electricity and the representative market price for baseload electricity referred to in her Departmental Minute of 21 October 2015.


Answered by
Andrea Leadsom Portrait
Andrea Leadsom
This question was answered on 16th November 2015

The Department has used projections of the baseload wholesale price of electricity to calculate the support payments for Hinkley Point C in the Departmental Minute of 21 October 2015. They are therefore consistent with the reference price as referred to in the Annex of the same Minute.


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