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Answer
Written answer
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2rgWThd9
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Andrea Jacqueline Leadsom
answer text
<p>In comparing the costs of different electricity technologies in the future, DECC typically use the levelised costs of electricty generation. Levelised costs include capital and operating costs over the lifetime of a plant, as well as DECC estimates of projected fuel and carbon costs.</p><br /><p>The most recent levelised cost estimates are available in the DECC Electricity Generation Costs (December 2013) report, available at:</p><br /><p><a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/269888/131217_Electricity_Generation_costs_report_December_2013_Final.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/269888/131217_Electricity_Generation_costs_report_December_2013_Final.pdf</a></p><br /><p>We are currently undertaking a comprehensive review of our evidence on levelised costs of electricity generation.</p><br /><p>The above levelised costs however do not take into account all of the wider positive or negative impacts that a plant may impose on the electricity system. So far, DECC’s electricity modelling has considered these wider whole system impacts through a system wide cost-benefit analysis. DECC is currently undertaking a project, which aims to further systematise DECC’s understanding of the whole system impacts of electricity generation technologies.</p>
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Department of Energy and Climate Change
written answer has answering body
Department of Energy and Climate Change
Department of Energy and Climate Change
answering body has written answer
9xX5obFr
answering body has answer
9xX5obFr
2rgWThd9
question has answer
9xX5obFr
Andrea Jacqueline Leadsom
answering person has answer
9xX5obFr