Merchant Shipping: Nuclear Power

(asked on 7th February 2024) - View Source

Question to the Department for Transport:

To ask His Majesty's Government whether they have any plans to encourage or support merchant nuclear shipping.


Answered by
Lord Davies of Gower Portrait
Lord Davies of Gower
Shadow Minister (Home Office)
This question was answered on 20th February 2024

The Ten Point Plan for a Green Industrial Revolution announced the Advanced Nuclear Fund of up to £385 million to invest in the next generation of nuclear technologies. This includes up to £215 million for Small Modular Reactors (SMRs) to develop a domestic smaller-scale power plant technology design, and up to £170 million for a research and development programme to deliver an Advanced Modular Reactor (AMR) demonstration by the early 2030s. In the Net Zero Strategy the Government announced up to £120 million for a new Future Nuclear Enabling Fund to provide targeted support to address barriers to entry.

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