Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what steps his Department is taking to taking to secure (a) domestic and (b) international investment in the nuclear industry.

This Government is committed to attracting the investment required to deliver future nuclear projects. The Regulated Asset Base (RAB) model for nuclear has been established as an option for funding nuclear projects, aiming to reduce financing costs and attract long-term investment from private capital providers, with the Sizewell C project designated to utilise the model. Additionally, my Department works closely with the Office for Investment and other parts of Government to promote investment opportunities in the UK nuclear sector.