Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what guidance he issues to new nuclear developers of Small and Advanced Modular Reactors on the price they will receive for their energy production; and if he will put in place a permission-free price hurdle for the development of new nuclear facilities which could set a Contract for Difference strike price.

Funding models, including the Regulated Asset Base (RAB) and Contract for Difference (CfD) are being considered for SMRs. The appropriate funding model for each new nuclear project will be determined in due course.