§ Mr. David Steelasked the Secretary of State for Energy if his Department has carried out an economic assessment of the relative cost-effectiveness of expenditure on energy conservation and nuclear power, as recommended by the first report of the Select Committee on Energy.
§ Mr. Norman LamontIn the evidence which my Department presented to the Select Committee it was made 379W clear that the Department has carried out a continuing analysis of the relative costs and benefits of investments in energy conservation and energy supply, although further work is in hand. We will be developing our arguments on this in greater detail in the forthcoming response to the Committee's report.