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

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effect of the projected fall in wholesale electricity prices on the financial feasibility of the proposed Hinkley C nuclear power plant; and if he will make a statement.

The Government remains confident in the Hinkley Point C project. Contracts for Difference provide long-term price certainty for generators and investors, which drives investment in a new generation of clean, secure electricity supplies.

Consumers will only pay when Hinkley is up and running.

The Secretary of State’s decision will be informed by a value for money assessment, a summary of which will be published alongside the contract.