Small Modular Nuclear Reactors

Lord Wigley Excerpts
Tuesday 28th June 2022

(2 years, 5 months ago)

Lords Chamber
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Lord Callanan Portrait Lord Callanan (Con)
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My noble friend makes an important point, and we will take into account all these factors, including value for money, when we make decisions in the next Parliament on whether to proceed in these cases.

Lord Wigley Portrait Lord Wigley (PC)
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My Lords, may I break the habit of a lifetime and welcome the statement made by the Prime Minister in his speech in Newtown last month, when he announced an SMR for Trawsfynydd? Can the Minister confirm that the five-year timescale announced by Cwmni Egino, which will be taking this forward, is within the framework of what he has just described and that this project will go ahead for 2027?

Lord Callanan Portrait Lord Callanan (Con)
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I cannot confirm any individual projects, but I have said that we are proceeding with making final investment decisions in the next Parliament on two further nuclear reactors.