Nuclear Reactors

Lord Hunt of Chesterton Excerpts

Monday 23rd May 2016 Lords Chamber

[Lord Bourne of Aberystwyth]

My Lords, it is premature to go into the detail of the precise technologies. All technologies are eligible in the competition, for which we have opened part 1 and which is now being scrutinised. The national interest in this competition is something that the Government take very seriously.

[Lord Hunt of Chesterton (Lab)]

My Lords, are Her Majesty’s Government planning to support research into modular fusion reactors, where the UK has a considerable lead, which are currently provided by private investors in the UK and the USA? This approach is now expected to achieve clean power before 2030.

[Lord Bourne of Aberystwyth]

My Lords, I thank the noble Lord for the question. I reiterate that I think it would be premature to talk about specific technologies because that is part of the process under scrutiny now. Those projects that are eligible will enter into a dialogue with officials in the department. There are many technologies that qualify but, as I said, we are keen to do what we can in the national interest. I remind noble Lords that there is £250 million in the innovation budget for the nuclear programme at large, of which small modular reactors are an important part.