§ Mr. Rostasked the Secretary of State for Energy if he has given any guidance to the Central Electricity Generating Board or area boards on how they may participate in combined heat and power consortia; what equity percentage they may inject; and what criteria on discounted rate of return on such investment is required.
§ Mr. GoodladIn July 1983 my right hon. Friend the Secretary of State told the chairman of the Electricity Council to encourage electricity boards to adopt and support schemes for the combined production of heat and electricity, in accordance with the provisions of the Energy Act 1983. Boards are also expected to aim at maximising the involvement of private risk capital in areas of their operations wherever possible. CHP schemes should meet the financial criteria applied by boards in relation to their other expenditure.