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<p>As set out in our response to the consultation on the Regulated Asset Base (RAB),
RAB is a credible model for financing large-scale nuclear projects. It is also our
assessment that using a RAB for such projects would require primary legislation. We
are continuing to explore the RAB model with nuclear project developers and undertaking
further policy development. We are also continuing to assess the potential role of
Government finance during the construction of a nuclear project, subject to clear
value for money for consumers and taxpayers, and all relevant approvals.</p>
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