Written questions

Nuclear Power: Investment

Commons · Question 55363 · Tabled 30 May 2025 · Department for Energy Security and Net Zero · Official record

Answered 9 Jun 2025

Question

Asked by Andrew Snowden

To ask the Secretary of State for Energy Security and Net Zero, what steps his Department is taking to taking to secure (a) domestic and (b) international investment in the nuclear industry.

Answer

Answered by Michael Shanks, 9 Jun 2025

This Government is committed to attracting the investment required to deliver future nuclear projects. The Regulated Asset Base (RAB) model for nuclear has been established as an option for funding nuclear projects, aiming to reduce financing costs and at...