§ Mr. Eadieasked the Minister of Power, what are the most recent estimates of the cost of electricity to be produced at Oldbury and Wylfa nuclear power stations; and how these compare with the original estimates submitted to him.
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§ Mr. FreesonThe most recent estimates for Oldbury and Wylfa are 0.69d./KWh and 0.65d./KWh respectively; these compare with the original estimates of 0.73d./KWh and 0.66d./KWh.
These figures are based on an assumed station life of 20 years, 75 per cent. load factor and 7½ per cent. interest rates, but a lower figure for Oldbury (0.66d./KWh) was originally calculated at 6 per cent. interest and given to the House in reply to a Question by my hon. Friend the Member for Normanton (Mr. Albert Roberts) on 16th July, 1962.—[Vol. 663, c. 24.] The figure of 0.66d./KWh for Wylfa was given in reply to a Question by the hon. Member for Orpington (Mr. Lubbock) on 22nd July, 1963.—[Vol. 681, c. 166.]