Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the Answer of 7 October 2019 to Question 290553 on Sizewell C Power Station, by what framework consumer affordability will be assessed ahead of granting Regulated Asset Base nuclear licences.
Our consultation on whether a Regulated Asset Base model could be applied to future nuclear projects set out a proposed test to assess value for money for consumers and taxpayers. The consultation which recently closed is available at: https://www.gov.uk/government/consultations/regulated-asset-base-rab-model-for-nuclear
We are reviewing the responses to the consultation and will respond in due course.