Hinkley Point C Power Station

(asked on 15th 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, whether EDF will incur a penalty in the event that Hinkley Point C starts to generate electricity by 2025.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 10th October 2016

Under the contract for difference, if Hinkley Point C does not start generating electricity four years after 2025 then there will be reductions to the contract term. This means that for every day that Hinkley is late, the period of time where EDF is getting increased certainty on the price of electricity generated from Hinkley is reduced. If neither reactor at Hinkley is generating electricity by 2033, there is an option to cancel the contract.

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