Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to deliver new and advanced nuclear power in the UK.
The Government intends to take one project to Final Investment Decision (FID) this Parliament and two projects in the next Parliament, subject to value for money, approvals and technology readiness/maturity.
The Government will set up a new flagship body - ‘Great British Nuclear’ - to develop a resilient pipeline of projects. The Government appointed Simon Bowen to lead and help drive forward government proposals for a new Great British Nuclear vehicle.
On the 13th of May 2022, the Government launched the £120million Future Nuclear Enabling Fund, which will provide targeted support to address barriers to entry to the nuclear market, with a Request for Information.