Written Question·Treasury·UIN 29044

Energy: Capital Investment

Tabled: 5 February 2025
Answered: 14 February 2025

Question

Nick Timothy

Conservative — West Suffolk

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

Darren Jones
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...
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