To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of how long it will take to place contracts to build new smaller nuclear power stations. (160097)
Tabled on: 07 March 2023
The Government is committed to ensuring that the UK is one of the best places in the world to invest in new nuclear and intends to take one project to Final Investment Decision (FID) this Parliament and two projects to FID in the next Parliament, including Small Modular Reactors. As with any Government decision, this will be subject to value for money, relevant approvals, and technology readiness/maturity.
The Government also intends to initiate a selection process in 2023, with the intention to enter negotiations with the most credible projects to enable a potential Government award of support as soon as possible.
The answer was submitted on 15 Mar 2023 at 14:42.
Reply This represent a slow rate of progress. The government says it is committed to Small Modular reactors, so it should accelerate the timetable for their development, approval and roll out.