To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans he has to make up for the reduction in energy derived from nuclear power in this decade as the current fleet of nuclear stations close.
Answered on
25 January 2022
This Government is committed to nuclear power in our future diverse energy mix:
- Hinkley Point C will supply 3.2GW of secure, low carbon electricity for around 60 years, meeting around 7% of GB’s current electricity requirements. Hinkley has roughly the equivalent output to three of its predecessors.
- The Government are progressing negotiations over Sizewell C in Suffolk.
- Our £385m Advanced Nuclear Fund, the Government have awarded £210m to Rolls-Royce SMR to develop their SMR design and are supporting AMR development.
- The Government also announced a new £120m Nuclear Enabling Fund to provide targeted support to address barriers to entry for future nuclear,
- Later this year the Government will publish a nuclear roadmap setting out the government’s strategy in more detail.
- The Nuclear Energy (Finance) Bill will reduce the obstacles to financing new nuclear projects.