Written Question·Department for Energy Security and Net Zero·UIN 55363
Nuclear Power: Investment
Tabled: 30 May 2025
Answered: 9 June 2025
Question
Mr Andrew Snowden
Conservative — Fylde
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
Michael ShanksThis 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...
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