Nuclear Power: Expenditure

(asked on 28th October 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to The Ten Point Plan for a Green Industrial Revolution published on 18 November 2020, how much money has been paid into the Advanced Nuclear Fund since the publication of the plan.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 11th November 2022

The £385m Advanced Nuclear Fund, announced in 2020, includes funding of up to £210m for Small Modular Reactors (SMRs) and Advanced Modular Reactors (AMRs). For SMRs, this is being delivered through the Low-Cost Nuclear Innovation Programme which provided a £210m grant to Rolls-Royce (RR) SMR. This encouraged industry to invest £280m, from Rolls Royce and other investors. For AMRs, in September the Government announced up to £3.3m for successful organisations under Phase A of the Research, Development and Demonstration programme.

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