Nuclear Energy (Financing) Act 2022


make provision for the implementation of a regulated asset base model for nuclear energy generation projects; for revenue collection for the purposes of that model; for a special administration regime for licensees subject to that model; and about the circumstances in which bodies corporate are not associated with site operators for the purposes of programmes relating to funding the decommissioning of nuclear sites.

What is this Bill?

The Nuclear Energy (Financing) Act 2022 was a Government Bill that became an Act of Parliament.

Is this Bill currently before Parliament?

No. This Bill was introduced on 26 October 2021 and became an Act of Parliament on 31 March 2022.

Whose idea is this Bill?

Government Bills implement the legislative agenda of the Government. This agenda, and the Bills that will implement it, are outlined in the Queen's Speech at the Session's State Opening of Parliament.

How can I find out exactly what this Bill does?

The most straightforward information is contained in the initial Explanatory Notes for the Bill.

Would you like to know more?

See these Glossary articles for more information: Act of Parliament, Government Bills, Process of a Bill

Bill Progession through Parliament

Commons Completed
Lords Completed
Royal Assent

Latest Key documents

Bill Debate
31/03/2022
Act of Parliament
31/03/2022
Briefing paper
20/01/2022
Explanatory Note
11/01/2022

Timeline of Bill Documents and Stages

31/03/2022
Royal Assent (Commons)
31/03/2022
Act of Parliament
Nuclear Energy (Financing) Act 2022 (c. 15)
30/03/2022
3rd reading (Lords)
24/03/2022
Report stage (Lords)
22/03/2022
Amendment Paper
HL Bill 89-R-I Marshalled list for Report
16/03/2022
Amendment Paper
HL Bill 89-R(b) Amendment for Report
09/03/2022
Amendment Paper
HL Bill 89-R(a) Amendment for Report
08/03/2022
Committee stage (Lords)
04/03/2022
Amendment Paper
HL Bill 89-I Marshalled list for Grand Committee
03/03/2022
Amendment Paper
HL Bill 89(g) Amendments for Grand Committee
02/03/2022
Amendment Paper
HL Bill 89(f) Amendment for Grand Committee
02/03/2022
Will write letters
Letter from Lord Callanan to Lord McNicol regarding whether the Government will be taking a special share in Hinkley Point C, as discussed during the Second Reading of the Bill.
02/03/2022
Will write letters
Letter from Lord Callanan to Baroness Bennett regarding the four areas that are in discussions with Nuclear Waste Services about the development of a Geological Disposal Facility (GDF), as discussed during the Second Reading of the Bill.
01/03/2022
Amendment Paper
HL Bill 89(e) Amendments for Grand Committee
28/02/2022
Amendment Paper
HL Bill 89(d) Amendments for Grand Committee
24/02/2022
Amendment Paper
HL Bill 89(c) Amendments for Grand Committee
23/02/2022
Amendment Paper
HL Bill 89(b) Amendments for Grand Committee
22/02/2022
Amendment Paper
HL Bill 89(a) Amendments for Grand Committee
21/02/2022
2nd reading (Lords)
02/02/2022
Select Committee report
19th Report of the Delegated Powers and Regulatory Reform Committee
20/01/2022
Briefing papers
Nuclear Energy (Financing) Bill
11/01/2022
1st reading (Lords)
11/01/2022
Delegated Powers Memorandum
Nuclear Energy (Financing) Bill: Delegated Powers Memorandum
11/01/2022
Bill
HL Bill 89 (as brought from the Commons)
11/01/2022
Explanatory Notes
HL Bill 89 Explanatory Notes
11/01/2022
Bill proceedings: Commons
Report Stage Proceedings as at 10 January 2022
11/01/2022
Minutes of Proceedings
Minutes of Proceedings
11/01/2022
Lords Hansard
Lords Hansard
10/01/2022
3rd reading (Commons)
10/01/2022
Report stage (Commons)
10/01/2022
Programme motion
10/01/2022
Amendment Paper
Consideration of Bill Amendments as at 10 January 2022
10/01/2022
Amendment Paper
Consideration of Bill Amendments as at 10 January 2022 - large print
10/01/2022
Selection of amendments: Commons
Speaker’s provisional grouping and selection of Amendments - 10 January 2022
07/01/2022
Briefing papers
Briefing Paper on the Bill
07/01/2022
Amendment Paper
Notices of Amendments as at 7 January 2022
06/01/2022
Amendment Paper
Notices of Amendments as at 6 January 2022
30/11/2021
Will write letters
Letter dated from Greg Hands MP to Kirsty Blackman MP regarding how electricity suppliers and their consumers would be protected from having to provide too much collateral under the nuclear RAB (Regulated Asset Base) revenue model, as discussed during the Public Bill Committee debate (fifth sitting).
29/11/2021
Will write letters
Letter from Greg Hands MP to Alan Whitehead MP regarding the omission of non-GB companies in clause 33, and the explanation for the repeals in paragraph 4 pf the Schedule, as discussed during the Committee (sixth sitting).
26/11/2021
Written evidence
Written evidence submitted by Sizewell C Consortium (NEFB06)
26/11/2021
Written evidence
Written evidence submitted by Stop Sizewell C (NEFB07)
25/11/2021
Amendment Paper
Public Bill Committee Amendments as at 25 November 2021
25/11/2021
Bill proceedings: Commons
All proceedings up to 25 November 2021 at Public Bill Committee Stage
25/11/2021
Selection of amendments: Commons
Chairs' provisional selection and grouping - 25 November 2021
24/11/2021
Amendment Paper
Notices of Amendments as at 24 November 2021
23/11/2021
Amendment Paper
Public Bill Committee Amendments as at 23 November 2021
23/11/2021
Bill proceedings: Commons
All proceedings up to 23 November 2021 at Public Bill Committee Stage
23/11/2021
Selection of amendments: Commons
Chairs' provisional selection and grouping - 23 November 2021
19/11/2021
Written evidence
Written evidence submitted by Energy UK (NEFB05)
19/11/2021
Amendment Paper
Notices of Amendments as at 19 November 2021
18/11/2021
Committee Debate: 4th sitting (Commons)
18/11/2021
Committee Debate: 3rd sitting (Commons)
18/11/2021
Amendment Paper
Public Bill Committee Amendments as at 18 November 2021
18/11/2021
Bill proceedings: Commons
All proceedings up to 18 November 2021 at Public Bill Committee Stage
18/11/2021
Will write letters
Letter dated 18/11/2021 from Greg Hands MP to Alan Brown MP regarding whether Sizewell C currently holds an electricity licence and where it can be found on the Ofgem website, as discussed during the Nuclear Energy (Financing) Bill Public Bill Committee (fourth sitting).
17/11/2021
Written evidence
Written evidence submitted by Urenco Limited (NEFB03)
17/11/2021
Amendment Paper
Notices of Amendments as at 17 November 2021
17/11/2021
Written evidence
Written evidence submitted by Derek Wyatt (former MP 1997-2010) (NEFB01)
17/11/2021
Written evidence
Written evidence submitted by Maike Windhorst (NEFB02)
17/11/2021
Written evidence
Written evidence submitted by Together Against Sizewell C (TASC) (NEFB04)
17/11/2021
Selection of amendments: Commons
Chairs' provisional selection and grouping - 18 November 2021
16/11/2021
Committee stage (Commons)
16/11/2021
Committee Debate: 2nd sitting (Commons)
16/11/2021
Committee Debate: 1st sitting (Commons)
16/11/2021
Amendment Paper
Public Bill Committee Amendments as at 16 November 2021
16/11/2021
Bill proceedings: Commons
All proceedings up to 16 November 2021 at Public Bill Committee Stage
15/11/2021
Amendment Paper
Notices of Amendments as at 15 November 2021
12/11/2021
Amendment Paper
Notices of Amendments as at 12 November 2021
10/11/2021
Amendment Paper
Notices of Amendments as at 10 November 2021
04/11/2021
Press notices
Have your say on the Nuclear Energy (Financing) Bill
03/11/2021
2nd reading (Commons)
03/11/2021
Ways and Means resolution
03/11/2021
Programme motion
03/11/2021
Money resolution
03/11/2021
Commons Hansard Daily Report
2nd reading - Commons Hansard link
02/11/2021
Human rights memorandum
Memorandum by the Department for Business, Energy and Industrial Strategy - 2 November 2021
26/10/2021
1st reading (Commons)
26/10/2021
Bill
Bill 174 2021-22 (as introduced)
26/10/2021
Bill
Bill 174 2021-22 (as introduced) - large print
26/10/2021
Explanatory Notes
Bill 174 EN 2021-22
26/10/2021
Explanatory Notes
Bill 174 EN 2021-22 - large print
26/10/2021
Delegated Powers Memorandum
Delegated Powers Memorandum from the Department for Business, Energy and Industrial Strategy
26/10/2021
Impact Assessments
Impact Assessment from the Department for Business, Energy and Industrial Strategy