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

To ask Her Majesty's Government what plans they have to take a direct financial stake in the Sizewell C nuclear power project; and if so, whether any decision to do so would need to occur after the conclusion of the planning process.

The Government is looking at options for the financing of new nuclear projects. In 2019, we consulted on a Regulated Asset Base as a possible funding model that could attract private finance with the potential to bring significant investment for future nuclear projects at a lower cost to consumers, enabling low carbon power to be delivered at scale. We will respond in due course.