Nuclear Power Stations: Construction

(asked on 9th November 2021) - View Source

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 paragraph 1.38 of the Autumn Budget and Spending Review 2021, what services will be procured from the £1.7 billion allocated to enabling a large-scale nuclear plant to achieve a final investment decision this Parliament.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 16th November 2021

The 2020 Energy White Paper sets out the Government’s commitment to bring at least one large-scale nuclear project to a final investment decision (FID) this Parliament, subject to clear value for money and all relevant approvals. In order to enable a FID, the Government announced up to £1.7 billion funding in the Spending Review 2021. This funding would continue the development of the Sizewell C project. It is not a final decision on the project itself, which will be made subject to the success of ongoing commercial negotiations, further assessments and all necessary approvals.

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