Hinkley Point C Power Station and Sizewell C Power Station: Compensation
Commons · Question 7946 · Tabled 8 Oct 2024 · Department for Energy Security and Net Zero · Official record
Answered 16 Oct 2024
Question
Asked by Carla Denyer
To ask the Secretary of State for Energy Security and Net Zero, with reference to the first bullet point on page 23 of EDF Energy Holdings Limited Annual Report and Financial Statements 31 December 2023, what estimate he has made of the amount of compensa
Answer
Answered by Michael Shanks, 16 Oct 2024
Under the terms of a contractual agreement between HPC and SZC, which was agreed at the time of the Final Investment Decision on HPC, a payment is payable from SZC to HPC if SZC takes a positive FID. This payment reflects benefits for SZC, including the s...