Nuclear Power

13 Sep 2012 : Column 315W

Paul Flynn: To ask the Secretary of State for Energy and Climate Change what procedures he is putting in place to ensure maximum transparency in the setting of the strike price for new nuclear generation. [119128]

Mr Hayes: There will be full transparency over the terms of any investment instruments or Contracts for Difference offered to developers of low carbon electricity generating projects, including new nuclear generation.

The Government is currently considering its response to the recommendations for additional measures contained in the Energy and Climate Change Select Committee's report on pre-legislative scrutiny of the draft Energy Bill, and will provide further details in its response to that report.