Nuclear Power: Investment

Baggy Shanker Excerpts
Tuesday 10th June 2025

(3 days, 12 hours ago)

Commons Chamber
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Ed Miliband Portrait Ed Miliband
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As part of the process that we go to from here, Great British Energy Nuclear will look at what is the right place for the SMR fleet and, absolutely, Oldbury is one of the candidates.

Baggy Shanker Portrait Baggy Shanker (Derby South) (Lab/Co-op)
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I refer the House to my entry in the Register of Members’ Financial Interests. I also wish you a happy birthday, Mr Speaker. What a wonderful day today is proving to be. As a proud Derby MP, I am delighted to welcome the selection of Rolls-Royce to deliver the first of the UK’s small modular reactors. We know that the Secretary of State, his ministerial team and the Mayor of the East Midlands are champions of clean energy jobs. Does the Secretary of State agree that today’s decision is good news for the country and for Derby? Also, in backing home-grown SMRs, what will the benefit be for UK workers and those in the east midlands region?

Ed Miliband Portrait Ed Miliband
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I thank my hon. Friend for his advocacy for Derby and for Rolls-Royce. It is important to say to the House that this was a fair and open competition, conducted at arm’s length from Ministers. Rolls-Royce came out as the winner and I am incredibly pleased about that. The possibilities for Rolls-Royce are huge in what it can do for SMRs in this country, in the export opportunities and in the jobs in the supply chains. That is the thing about nuclear: it is about the jobs not just at the top of the tree but right across the supply chain that we have the potential to create.