Question

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.

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