Asked by: Lord Howell of Guildford (Conservative - Life peer)
Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government which power sector model is being used to assess value for money for Sizewell C.
Answered by Lord Hunt of Kings Heath - Minister of State (Department for Energy Security and Net Zero)
The Government is using Lane Clark & Peacock’s Dynamic Dispatch Model to inform its assessments of the value for money of Sizewell C, as set out in the Secretary of State’s reasons for designation published in November 2022.
Asked by: Lord Howell of Guildford (Conservative - Life peer)
Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government whether a Final Investment Decision (FID) regarding Sizewell C will be scrutinised by the new Office of Value for Money, prior to the FID being taken.
Answered by Lord Hunt of Kings Heath - Minister of State (Department for Energy Security and Net Zero)
The Office for Value for Money is in the process of being established and appointing an independent Chair.