§ Mr. McGuire
asked the Minister for Technology whether, in view of the report of the Comptroller and Auditor-General that the advanced gas-cooled reactor nuclear stations will produce power at costs below those for conventional 78W stations, he will take steps to arrange for the electricity undertaking to pay to the Atomic Energy Authority the full amount of the royalties needed to meet the costs of the work done by the Atomic Energy Authority for these stations.
§ Mr. Benn
As the report of the Comptroller and Auditor-General shows, the royalty to be paid on those advanced gas-cooled reactor stations to be brought into operation in the U.K. by 1975 should bring in, over their assumed life, a cash return equivalent to a very substantial part of the Atomic Energy Authority's expenditure on the development of the advanced gas-cooled reactor system.
I consider this to be a fair settlement for this first batch of advanced gas-cooled reactor stations.