Small Modular Reactors: Costs
(asked on 6th February 2025) - View Source
Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government what will be the full estimated out-turn cost for each small modular reactor project planned by Great British Nuclear (1) at the end of the design period, an (2) at the point of generating electricity commercially.
Answered by
Lord Hunt of Kings Heath
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 20th February 2025
GBN (Great British Nuclear) is pushing forward its small modular reactor competition for UK deployment and is negotiating with four companies. Final decisions will be taken in the spring.
In line with usual government approvals, it will be important that any SMR projects represent value for money for the British taxpayer.