Hinkley Point C Power Station:Written question - HL1606

Asked on: 14 September 2017
Department for Business, Energy and Industrial Strategy
Hinkley Point C Power Station
Lords
To ask Her Majesty's Government whether they have contractually guaranteed a minimum level of energy production from the Hinkley Point C nuclear power station that consumers or the National Grid will buy in 2030, even if that energy is not needed due to the growth of renewable energy and home energy storage; and, if so, what that level is.
A
Answered by: Lord Prior of Brampton
Answered on: 20 September 2017

The Government has not contractually agreed a minimum level of energy production from the Hinkley Point C nuclear power station. The Contract for Difference (CfD), agreed on October 2016, is an agreement to pay the generator the difference between the wholesale market price and a “strike price” for every megawatt hour of electricity they generate. It is the generator’s responsibility to sell their power in the wholesale market.

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