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93174
registered interest false more like this
date less than 2014-10-14more like thismore than 2014-10-14
answering body
Department for Energy and Climate Change more like this
answering dept id 63 more like this
answering dept short name Energy and Climate Change more like this
answering dept sort name Energy and Climate Change more like this
hansard heading Hinkley Point C Power Station more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Energy and Climate Change, what compensation mechanisms are in place for EDF in the event that the Government closes Hinkley Point C for reasons other than safety or immediate environmental reasons. more like this
tabling member constituency Rutherglen and Hamilton West more like this
tabling member printed
Tom Greatrex more like this
uin 210539 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2014-10-20more like thismore than 2014-10-20
answer text <p>If a final contract is signed, it is expected that the investors in Hinkley Point C would, subject to conditions, receive compensation in the event of a political shut down of the plant other than for reasons including health, nuclear safety, security, environmental reasons, nuclear transport or nuclear safeguards. These arrangements would be supported by an agreement between my rt. hon. Friend the Secretary of State and the Hinkley Point C investors.</p><p>The exact details of the compensation mechanisms are to be agreed between the Government and EDF, but the principle would be that investors are compensated for their losses directly as a result of the decision to shut them down.</p> more like this
answering member constituency West Suffolk more like this
answering member printed Matthew Hancock more like this
question first answered
less than 2014-10-20T13:23:04.7038188Zmore like thismore than 2014-10-20T13:23:04.7038188Z
answering member
4070
label Biography information for Matt Hancock more like this
previous answer version
22795
answering member constituency West Suffolk remove filter
answering member printed Matthew Hancock more like this
answering member
4070
label Biography information for Matt Hancock more like this
tabling member
4047
label Biography information for Tom Greatrex more like this