To ask Her Majesty's Government what plans they have to use the Regulated Asset Base model for the financing of the proposed Sizewell C nuclear power station; and what assessment they have made of the impact of those plans on total Government borrowing.
9 November 2020
In 2019, the Government consulted on a Regulated Asset Base (RAB) as a possible funding model. A RAB has the potential to reduce the cost of raising private finance for new nuclear projects, thereby reducing consumer bills and maximising value for money for consumers and taxpayers. We will publish our response to the consultation in due course.