Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, when he expects the construction of Sizewell C Nuclear Power Station to be completed; if he will provide an update on the funding of that power station; and what recent discussions his Department has had about the construction of other new nuclear power stations.
The Government is in commercial negotiations on Sizewell C, which are commercially sensitive. The Growth Plan 2022 states Government is targeting a Final Investment Decision for Sizewell C by the end of 2023, subject to all relevant approvals. The Government has also announced its intention to provide up to £700m of funding to the project, subject to the outcome of the current negotiations.
The Government has launched the Future Nuclear Enabling Fund and will set up Great British Nuclear to help develop projects beyond Sizewell C. Discussions with developers are commercially sensitive.