Small Modular Nuclear Reactors Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Lord Naseby
Main Page: Lord Naseby (Conservative - Life peer)Department Debates - View all Lord Naseby's debates with the Department for Business, Energy and Industrial Strategy
Small Modular Nuclear Reactors
Lord Naseby Excerpts(2 years, 6 months ago)
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Lord Callanan (Con)
We have not made a decision on the relevant business case model—it could be either the RAB or the CfD model—but we will consult on this shortly.
Lord Naseby (Con)
My Lords, my noble friend knows as well as anyone that we have suffered an energy crisis and continue to have one. Against that background and the vacillation over the North Sea, which is not my noble friend’s fault, does he not think that, given Rolls-Royce’s history and what it did during the war—twice as quickly as anyone forecast—it is a major company that can really get a grip on this, if Her Majesty’s Government push the button for it to do so?
Lord Callanan (Con)
I agree with my noble friend’s point: Rolls-Royce is indeed an excellent company, which is why we are funding it to do this work.