HC Deb 31 March 1965 vol 709 cc257-8W
Mr. McGuire

asked the Minister of Power what is the cost to the Central Electricity Generating Board of having to carry the total development cost of the nuclear-powered electricity programme; and by how much the price of electricity could be reduced to industrial and domestic consumers if the cost of such development were financed by the National Research Development Corporation.

Mr. Frederick Lee

The Central Electricity Generating Board estimates that, when the present nuclear power programme is completed, its additional annual costs will be about £25 million to £30 million. For the answer to the second part of the Question, I refer my hon. Friend to the reply I gave my hon. and learned Friend the Member for Liverpool, Edge Hill (Mr. A. J. Irvine), on 15th December.

Forward to