Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, with reference to the Department for Business, Energy and Industrial Strategy's press release entitled UK backs new small nuclear technology with £210 million, published on 9 November 2021, what estimate she has made of the projected return on investment of the Government's support to Rolls-Royce SMR.

Under the Low Cost Nuclear programme, the Government has given a grant of up to £210 million to Rolls-Royce SMR Ltd to support development of the Rolls Royce Small Modular Reactor (SMR) design, potentially capable of deployment in the UK in the early 2030s. The value for money of the Low Cost Nuclear programme was assessed against Green Book principles as part of normal approvals processes ahead of the grant award.