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.
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.