Nuclear Power: Investment

Adrian Ramsay Excerpts

Tuesday 10th June 2025 Commons Chamber

[Ed Miliband]

My hon. Friend raises such an important point. There is a good tradition of apprenticeships in nuclear. I have seen it at Hinkley Point C and we will see it at Sizewell. I am sure, and I will make sure, that we will see it in the SMR programme as well. These are fantastic opportunities for young people and opportunities that we intend to make happen.

[Adrian Ramsay (Waveney Valley) (Green)]

Will the Secretary of State tell the House a bit more about the regulated asset base funding model for Sizewell C? In particular, will he assure the public that the construction phase of Sizewell C will not be funded by increases to people’s bills, given that it will be well over a decade—potentially nearer two decades if we look at Hinkley Point—before it produces any new electricity?

[Ed Miliband]

The hon. Gentleman will know that the RAB system that was passed through this House involves the role of bill payers. We believe that that is the right system and will cut the cost compared with Hinkley Point C. The hon. Gentleman appears to oppose many different forms of clean power. He opposes transmission infrastructure for offshore wind and solar, he opposes solar farms, he opposes carbon capture and storage, and I guess he opposes nuclear. I have an all-of-the-above position on clean energy; he seems to have a none-of-the-above position.