Nuclear Power: Finance

(asked on 15th October 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, when he plans to publish the results of his Department's June 2019 consultation on a Regulated Asset Base model for new nuclear projects.


Answered by
Nadhim Zahawi Portrait
Nadhim Zahawi
This question was answered on 23rd October 2020

The Government is looking at options for the financing of new nuclear projects. In 2019, we consulted on a Regulated Asset Base as a possible funding model that could improve value for money and reduce the cost of capital of future nuclear projects. We will respond in due course.

Reticulating Splines