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Lord Hunt of Kings Heath (Lab)

Speaking in the House of Lords on 22 January 2025

Debate

Small Modular Nuclear Reactors

Contribution

My Lords, there are two points to make. Our analysis is that, overall, a renewable-led system complemented by flexible technologies, alongside technologies such as nuclear, will form the cheapest foundation for our decarbonised power grid. The value for money for SMRs is a very good question. That is precisely why the work that Great British Nuclear is doing will be so important and why it then has to feed into more general discussions within government about the finance involved.

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