Written Question·Department for Energy Security and Net Zero·UIN 44122
Energy: Costs
Tabled: 3 April 2025
Answered: 11 April 2025
Question
Charlotte Nichols
Labour — Warrington North
To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the effectiveness of the levelised cost of energy for communicating the true cost of energy production to consumers.
Answer
Michael ShanksThe Levelised Cost of Electricity (LCOE) provides a simple, high-level metric to compare the cost of building and operating different generation technologies. While valuable for comparing the relative cost of technologies to each other, LCOE does not incl...
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