Nuclear Power

(asked on 11th May 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, what steps his Department is taking to provide opportunities for new nuclear developers.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 20th May 2022

The Government will set up a new flagship body - ‘Great British Nuclear’ - to develop a resilient pipeline of new projects. The Government appointed Simon Bowen, tasked with leading and helping to drive forward government proposals for a new Great British Nuclear vehicle.

The Government intends to take one project to Final Investment Decision (FID) this Parliament and two projects in the next Parliament, subject to value for money, approvals and technology readiness/maturity.

The Government launched the £120m Future Nuclear Enabling Fund on 13th May 2022.

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