Hinkley Point C Power Station

(asked on 17th December 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government what is their current estimate for the (1) outturn cost, and (2) date to start exporting power to the National Grid, of Hinkley Point C.


Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 4th January 2021

Under the terms of the Contract for Difference, neither taxpayer nor consumer is liable to contribute to the construction cost of Hinkley Point C. The Contract for Difference defines a Commissioning Window for each of the two nuclear reactors. These are from 1st May 2025 to 30th April 2029 for Reactor One and 1st November 2025 to 31st October 2029 for Reactor Two.

In September 2019, the lead investor in Hinkley Point C published a statement on the project cost and schedule. This said that the capital cost is likely to be between £21.5Bn and £22.5Bn (these figures are in 2015 money). The developer is targeting power generation by the end of 2025.

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