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answering dept short name	Energy and Climate Change
tabling member printed	David T. C. Davies
answer › question first answered	2015-06-23T14:30:07.507Z

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registered interest

date

15/06/2015

answering body

Department for Energy and Climate Change

answering dept id

answering dept short name

Energy and Climate Change

answering dept sort name

Energy and Climate Change

hansard heading

Electricity Generation

house id

legislature

25259

pref label	House of Commons

question text

To ask the Secretary of State for Energy and Climate Change, what the planned capital investment requirements are for the new generating capacity required to replace closing electricity plants; and what estimate she has made of the cost per Mwh of electricity generated by such plants in comparison with current electricity market prices.

tabling member constituency

Monmouth

tabling member printed

David T. C. Davies

uin

2433

answer

is ministerial correction

date of answer

23/06/2015

answer text

Large capital investment is planned for the GB electricity sector not only in the context of ageing plants, but upgrading network infrastructure, meeting decarbonisation objectives and maintaining security of supply. Between 2010 and 2013, we estimate over £45 billion private sector investment in electricity generation and networks. We have estimated further capital investment requirements to be up to £100bn between 2014 and 2020. We have not estimated the proportion of this investment that relates directly to replacing ageing plants.For DECC’s most recent published estimates of the costs per MWh for a range of generation technologies, please refer to the levelised cost estimates published in the Electricity Generation Costs (December 2013) report which can be found at the link below.<a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/269888/131217_Electricity_Generation_costs_report_December_2013_Final.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/269888/131217_Electricity_Generation_costs_report_December_2013_Final.pdf</a>.

answering member constituency

South Northamptonshire

answering member printed

Andrea Leadsom

question first answered

23/06/2015 14:30:07

answering member

4117

label	Biography information for Andrea Leadsom

tabling member

1545

label	Biography information for David T C Davies