answer text |
<p>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.</p><p>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.</p><p><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>.</p>
|
|