Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will publish details of (a) spending on the development of nuclear energy projects since 2010 and (b) funding streams that are available for the development of nuclear energy projects as of 9 November 2021.

Since 2008 the policy framework for the development of new nuclear projects has been designed to support private developers to fund projects. It was on this basis that the Government gave the go-ahead to Hinkley Point C in 2016, which is funded by EDF, CGN and their investment partners. For projects after Hinkley, the Government has been considering options for providing direct funding. The Spending Review announced up to £1.7bn to support large-scale nuclear this Parliament alongside a new £120m Future Nuclear Enabling Fund, further details on which will be announced in due course. On 9 November, the Government announced £210m for Rolls-Royce’s SMR design, which forms part of the £385m Advanced Nuclear Fund set out in the Energy White Paper.