Nuclear Reactors: Finance

(asked on 5th June 2025) - View Source

Question to the Department for Energy Security & Net Zero:

To ask His Majesty's Government what steps they are taking to put revenue support mechanisms in place to support the development of advanced modular reactors.


Answered by
Lord Wilson of Sedgefield Portrait
Lord Wilson of Sedgefield
Lord in Waiting (HM Household) (Whip)
This question was answered on 19th June 2025

The Government is providing a pathway for privately-led advanced nuclear projects. Great British Energy - Nuclear has been tasked with assessing proposals within a new framework, to be published shortly, with the National Wealth Fund exploring potential investment opportunities and the Department for Energy Security and Net Zero exploring revenue support for viable projects.

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