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

To ask Her Majesty's Government what plans they have to finance new nuclear generation through (1) the use of long-term borrowing, and (2) partnering with the private sector, in order to achieve their net-zero target for greenhouse gas emissions by 2050.

We are looking at options for the financing of new nuclear projects. In 2019, we consulted on a Regulated Asset Base as a possible funding model for future nuclear projects. We will respond to the consultation in due course.