Written questions

Nuclear Reactors: Finance

Lords · Question HL8176 · Tabled 5 Jun 2025 · Department for Energy Security and Net Zero · Official record

Answered 19 Jun 2025

Question

Asked by Lord Jones of Penybont

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.

Answer

Answered by Lord Wilson of Sedgefield, 19 Jun 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 i...