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Lord Hunt of Kings Heath (Lab)

Speaking in the House of Lords on 19 May 2025

Debate

Nuclear: Small Modular Reactors

Contribution

My Lords, I congratulate the noble Lord on living in Suffolk. Only a few weeks ago I had a meeting with Suffolk local authority leaders to discuss these very matters. He is right in the sense that, as I have already said, we are moving rapidly towards final investment decision on Sizewell C. I very much hope we will be able to get that over the line. We have committed £2.7 billion of funding through the Sizewell C devex subsidy scheme to support the project’s development during the current financial year. It consolidates the Government’s position as the majority shareholder in Sizewell C and is laying the foundations for final investment decision and, we very much hope, a 3.2-gigawatt nuclear power station that will power 6 million homes for 60 to 80 years.

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