Energy: Capital Investment
Commons · Question 29044 · Tabled 5 Feb 2025 · Treasury · Official record
Answered 14 Feb 2025
Question
Asked by Nick Timothy
To ask the Chancellor of the Exchequer, what timescales her Department uses to assess public investment in energy infrastructure in (a) oil and gas, (b) wind, (c) solar, (d) hydropower and (e) nuclear.
Answer
Answered by Darren Jones, 14 Feb 2025
The costs and benefits of a proposal should be calculated over its entire lifetime. The Green Book states that an appraisal period of 60 years is a standard measure for infrastructure projects. However, it is customary for departments to discuss and agree...