Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, how much funding the Government has allocated to the research and development of fourth generation nuclear reactors to date.
At the Spending Review in 2015, the Government committed to invest around £460m in nuclear research and innovation between 2016 to 2021.
As part of this commitment BEIS expects to invest around £180 million on the Nuclear Innovation Programme. This includes up to £46m which directly supports “fourth generation” advanced modular reactor R&D and upskilling of the nuclear regulators. The remainder of the funding includes projects and programmes that support both the development of these reactors as well as “third and third+ generation” reactor technologies.
My Rt. Hon. Friend the Prime Minister’s recent Ten Point Plan included a commitment of £170m for Advanced Modular Reactor R&D under the £385m Advanced Nuclear Fund.