M

Member

Speaking in the House of Lords on 14 July 2025

Debate

Nuclear Installations (Compensation for Nuclear Damage) (Amendment) Regulations 2025

Contribution

Secondly, I turn to insurance, which was highlighted so eloquently by the noble Earl, Lord Russell. The Explanatory Memorandum suggests that there is not expected to be a significant increase in premiums for nuclear operators. That may well prove to be true, but we have to ask whether the department has conducted, or will commit to conducting, further analysis to monitor any negative cost implications for operators, and whether these costs might ultimately be passed on to consumers.

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