Question to the Department for Transport:
To ask His Majesty's Government whether they have any plans to encourage or support merchant nuclear shipping.
The Ten Point Plan for a Green Industrial Revolution announced the Advanced Nuclear Fund of up to £385 million to invest in the next generation of nuclear technologies. This includes up to £215 million for Small Modular Reactors (SMRs) to develop a domestic smaller-scale power plant technology design, and up to £170 million for a research and development programme to deliver an Advanced Modular Reactor (AMR) demonstration by the early 2030s. In the Net Zero Strategy the Government announced up to £120 million for a new Future Nuclear Enabling Fund to provide targeted support to address barriers to entry.