Hinkley Point C

Debate between Matthew Pennycook and Greg Clark

Thursday 15th September 2016 Commons Chamber

[Greg Clark]

Indeed, and I would be happy to visit my hon. Friend’s constituency see the production facilities for myself.

[Matthew Pennycook (Greenwich and Woolwich) (Lab)]

I very much welcome the review, but I am astonished that a review of the strike price was not part of it. The strike price will rise to close to £120 per MWh by the mid-2020s, and it will rise with inflation thereafter. Will the Secretary of State tell us whether a serious examination of the cost and value for money for bill payers was part of the review?

[Greg Clark]

Of course we looked at every component part. To construct a new nuclear power station, the first for generation in this country, at no risk to the taxpayer or the bill payer is a considerable achievement and represents good value.