Hinkley Point C Power Station

(asked on 6th September 2016) - 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 the remaining total cost to the public purse will be of construction at Hinkley Point C should that project receive approval.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 12th September 2016

Under the terms of the contract, which has yet to be entered into, the remaining total cost to the public purse for the construction at Hinkley Point C would be borne entirely by the developer, who would bear all the construction risk. If construction comes in under budget then any savings above a threshold would be shared with consumers, but if there are overspends then the developer would bear any additional costs.

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