The comparisons that the National Audit Office drew between the new gas-fired power station and the interconnector were as a result of a "misinterpretation", Prime Minister Joseph Muscat said on Friday.
Asked about the shortcomings pointed out by the NAO in its report on the new Delimara power station, the Prime Minister explained that this misinterpretation is based on a number of factors, not least the fact that the NAO did not take into consideration the capital expenditure required to construct the interconnector, like it did in the case of the power station.
Muscat also pointed out that the electricity rate for the interconnector was wrongly taken as a constant figure throughout the day, even though the cost would fluctuate according to the time of day.
He said that it also does not take into consideration the fact that the power station was in an open cycle period, comparing it to using choke to start an old petrol car – "you're using more petrol, but you need to so to warm up the engine".
He noted that after taking all these aspects into consideration, the power station as more advantageous than the interconnector.
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