Nuclear Power Stations: Construction

(asked on 17th June 2021) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, what criteria he will use to assess the business case for large-scale nuclear power project proposals being brought to the Final Investment Decision by the end of the 2019 Parliament.


Answered by
Anne-Marie Trevelyan Portrait
Anne-Marie Trevelyan
Minister of State (Foreign, Commonwealth and Development Office)
This question was answered on 22nd June 2021

As with the business cases for all major projects and programmes, the case for a large-scale nuclear power project will be assessed consistent with the approach set out in HM Treasury’s Green Book and Guide to Developing Project Business Cases:

https://www.gov.uk/government/publications/the-green-book-appraisal-and-evaluation-in-central-governent.

Before entering into commitments to support any nuclear project, as stated in the nuclear Regulated Asset Base (RAB) consultation document, the Government will assess the project business case on whether the project was expected to contribute to the target of net zero emissions by 2050 and deliver security of supply, at a lower total electricity system cost for consumers than alternatives without the project.

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