Mr. Robert Watt:

When we talk about the lowest cost, we are talking about something that reflects the lowest costs of build and the life cycle costs as well. The evaluation should, and does, reflect that the lowest cost is not just about the build costs. It is a question of ensuring the inputs are appropriate. A judgment call has to be made regarding future energy bills and the price of carbon into the future. We have put forward a view on the price of emissions. We are waiting to hear back from those involved in the system about their views. This is not cost free or risk free for the public sector when it makes decisions.