Why should we prevent that private company from generating electricity from water with a plant beyond a rating of 50 kilowatts?
The amount of demand, for instance, which is kept off the peak load at present is well over 1 million kilowatts and rising fairly rapidly.
This is an increase of nearly 9 million kilowatts on the peak load in this winter of 1958–59.
Of the remainder, it is estimated that 590,000 830,000, and 150,000 kilowatts should be completed by the winters of 1947, 1948, and 1949, respectively.
This is based on an average cost of £800 per kilowatt installed capacity.
Rateable value per kilowatt of installed capacity would then fall to £0·23495.
According to the figures given, 482,000 kilowatts were installed against a programme estimate of 518,000, but, of course, that 518,000 was the revised target figure.
We know that the cost of a new station may be perhaps £15 per kilowatt installed, or, say, for a large station of 100,000 kilowatts, £1,500,000.
