“Whether he has made an estimate of the cost of building new gas-fired power stations.”
Asked by
Ms Polly Billington
Answering Minister
the Secretary of State for Energy Security and Net Zero
Answer from Hansard
The Secretary of State for Energy Security and Net Zero (Ed Miliband)
The 2023 generation costs report published under the previous Government shows the levelised cost of electricity to build and operate a new gas-fired power station to be significantly higher than the cost of onshore wind, solar and offshore wind in the most recent renewables auction round. Renewables are a cheaper technology to build and operate than new gas-fired power stations.