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1728272

registered interest
date	09/09/2024
answering body	Department for Energy Security and Net Zero
answering dept id	215
answering dept short name	Energy Security and Net Zero
answering dept sort name	Energy Security and Net Zero
hansard heading	Nuclear Power Stations: Construction
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Energy Security and Net Zero, how many responses were received in relation to the Prior Information Notice issued to explore building a further large-scale nuclear power station; from which parties those responses were received; and whether Wylfa is the designated site for the next gigawatt project.
tabling member constituency	Ynys Môn
tabling member printed	Llinos Medi
uin	4840
answer	answer is ministerial correction date of answer 12/09/2024 answer text <p>Considerations for a further large-scale project are at an exploratory stage with the Prior Information Notice forming part of this work. The Prior Information Notice has now closed, with 10 responses, and we are continuing to engage with the organisations that responded. The names of these organisations are commercially sensitive. No decision has yet been taken on whether to pursue a future large-scale project, but we want Wylfa to play an important role in new nuclear in the UK and we will set out our plans for the site in due course.</p> answering member constituency Rutherglen answering member printed Michael Shanks question first answered 12/09/2024 06:08:38 answering member 4998 label Biography information for Michael Shanks
tabling member	5085

1680842

registered interest
date	09/01/2024
answering body	Department for Energy Security and Net Zero
answering dept id	215
answering dept short name	Energy Security and Net Zero
answering dept sort name	Energy Security and Net Zero
hansard heading	Nuclear Power Stations: Construction
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Energy Security and Net Zero, when the Government expects the first modular nuclear reactor to operate in the UK; and what stages must be passed through to achieve that.
tabling member constituency	Bournemouth East
tabling member printed	Mr Tobias Ellwood
uin	8696
answer	answer is ministerial correction date of answer 15/01/2024 answer text <p>In 2023 Great British Nuclear launched a technology selection process for Small Modular Reactors, with the aim of identifying those technologies best able to facilitate a project Final Investment Decision by the end of the next Parliament and operational projects in the mid-2030s, potentially releasing billions of pounds of private and public investment.</p><p>In October 2023 six technology vendors were down-selected and announced.</p><p>The next stage of the competitive selection process will be launched within weeks. The ambition is to announce in 2024 which of the six companies the Government will support.</p> answering member constituency West Aberdeenshire and Kincardine answering member printed Andrew Bowie question first answered 15/01/2024 16:08:44 answering member 4601 label Biography information for Andrew Bowie
tabling member	1487 label Biography information for Mr Tobias Ellwood

1678718

registered interest
date	18/12/2023
answering body	Department for Energy Security and Net Zero
answering dept id	215
answering dept short name	Energy Security and Net Zero
answering dept sort name	Energy Security and Net Zero
hansard heading	Nuclear Power Stations: Construction
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what public funds they have committed for the construction by EDF of nuclear power stations at Hinkley Point and Sizewell, respectively; and from what other sources, including a levy on consumers for sales of electricity, funding has been offered for each.
tabling member printed	Lord Marlesford
uin	HL1284
answer	answer is ministerial correction date of answer 03/01/2024 answer text <p>In 2016, the Government negotiated the Contract for Difference for Hinkley Point C which fixes the cost of electricity provided by Hinkley Point C. There is no cost to the consumer until Hinkley Point C starts to produce electricity. The strike price is £92.50 per Megawatt-hour. The household bill impact depends on a variety of factors such as the future electricity generation mix, wholesale gas price, wholesale electricity price and decarbonisation pathway.</p><p> </p><p>The Government is a co-shareholder in the Sizewell C project company with EDF. The Government has committed to invest c.£1.2bn in Sizewell C’s development. The project has been designated to benefit from the new Regulated Asset Base (RAB) model for nuclear, which will entail a levy on all licensed electricity suppliers in Great Britain; suppliers may choose to pass those costs to their consumers. The RAB model will include incentives on cost and schedule control, with the exact details finalised at the project’s Final Investment Decision.</p><p> </p><p>The capital costs for Sizewell C are commercially sensitive, and subject to ongoing development and a live equity raise. We are therefore unable to discuss this further at this time.</p> answering member printed Lord Callanan grouped question UIN HL1286 question first answered 03/01/2024 14:11:32 answering member 4336 label Biography information for Lord Callanan
tabling member	1854 label Biography information for Lord Marlesford

1654474

registered interest
date	19/07/2023
answering body	Department for Energy Security and Net Zero
answering dept id	215
answering dept short name	Energy Security and Net Zero
answering dept sort name	Energy Security and Net Zero
hansard heading	Nuclear Power Stations: Construction
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Energy Security and Net Zero, whether he has made an assessment of the potential merits of including the former BP Chemicals plant site in Baglan Bay in the new nuclear siting strategy.
tabling member constituency	Aberavon
tabling member printed	Stephen Kinnock
uin	195065
answer	answer is ministerial correction date of answer 04/09/2023 answer text <p>The Government is developing a new nuclear National Policy Statement (NPS), which will set planning policy for deploying new nuclear power stations beyond 2025 and support the UK in meeting the ambition of reaching up to 24GW of nuclear energy by 2050. As a first step towards developing the new nuclear NPS, later this year we intend to consult on how new nuclear developments could be sited in future prior to consulting on a draft NPS.</p> answering member constituency West Aberdeenshire and Kincardine answering member printed Andrew Bowie question first answered 04/09/2023 12:51:27 answering member 4601 label Biography information for Andrew Bowie
tabling member	4359 label Biography information for Stephen Kinnock

1602044

registered interest
date	07/03/2023
answering body	Department for Energy Security and Net Zero
answering dept id	215
answering dept short name	Energy Security and Net Zero
answering dept sort name	Energy Security and Net Zero
hansard heading	Nuclear Power Stations: Construction
house id	1
legislature	25259 pref label House of Commons
question text	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.
tabling member constituency	Wokingham
tabling member printed	John Redwood
uin	160097
answer	answer is ministerial correction date of answer 15/03/2023 answer text <p>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.</p><p> </p><p>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.</p> answering member constituency West Aberdeenshire and Kincardine answering member printed Andrew Bowie question first answered 15/03/2023 14:42:23 answering member 4601 label Biography information for Andrew Bowie
tabling member	14 label Biography information for Sir John Redwood

1506592

registered interest
date	20/09/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Nuclear Power Stations: Construction
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the impact assessment BEIS039(F) for the Nuclear Energy (Financing) Act 2022, if he will make a comparative assessment of the equity of utilising a 9 per cent hurdle rate to estimate the cost of a new nuclear power station to be constructed under a Contract for Difference and a maximum 6 per cent hurdle rate for the cost of constructing new nuclear power station under a RAB model.
tabling member constituency	Kilmarnock and Loudoun
tabling member printed	Alan Brown
uin	51770
answer	answer is ministerial correction date of answer 23/09/2022 answer text <p>The Impact Assessment (IA) calculated the difference in the cost of building and financing an illustrative large-scale nuclear plant, funded by the Regulated Asset Base (RAB) or Contracts for Difference (CfD) model. Several assumptions were made to reflect uncertainty around project cost and likely hurdle rate for investors.</p><p>The RAB enables lower cost of finance, by providing a revenue stream to the developer during construction. The IA shows that RAB results in better value for consumers over the project lifetime and reduces total project costs. Paragraphs 58-61 <a href="https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fbills.parliament.uk%2Fbills%2F3057%2Fpublications&amp;data=05%7C01%7CParliamentary.PQ%40BEIS.gov.uk%7Cbfbe7313215347a7415708da9d6121fc%7Ccbac700502c143ebb497e6492d1b2dd8%7C0%7C0%7C637995337752461245%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=a2nqo6CjrrLuu4LqayqFoGQipo%2FoJ4Nw2RhHKahTzRc%3D&amp;reserved=0" target="_blank">https://bills.parliament.uk/bills/3057/publications</a> explain the different hurdles rates assumed under a CfD compared to RAB.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 23/09/2022 13:26:59 answering member 1482 label Biography information for Graham Stuart
tabling member	4470 label Biography information for Alan Brown

1470232

registered interest
date	14/06/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Nuclear Power Stations: Construction
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what comparative assessment he has made of the potential merits of PWR nuclear reactors and molten salt reactors in the context of the Government's plans for new nuclear power stations in the UK.
tabling member constituency	South West Devon
tabling member printed	Sir Gary Streeter
uin	17862
answer	answer is ministerial correction date of answer 22/06/2022 answer text <p>The Government has commissioned several comparative assessments of nuclear energy technologies over the last decade, many of which have included consideration of Molten Salt technologies.</p><p> </p><p>The outputs of these assessments were considered, alongside other evidence sources, in the development of the “Advanced modular reactors (AMRs): technical assessment” published in July 2021 as part of the decision on the technology choice for the Advanced Modular Reactor (AMR) Research, Development &amp; Demonstration (RD&amp;D) programme. This can be found here:</p><p><a href="https://www.gov.uk/government/publications/advanced-modular-reactors-amrs-technical-assessment" target="_blank">https://www.gov.uk/government/publications/advanced-modular-reactors-amrs-technical-assessment</a>.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 22/06/2022 16:12:07 answering member 1526 label Biography information for Greg Hands
tabling member	234 label Biography information for Sir Gary Streeter

1470353

registered interest
date	14/06/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Nuclear Power Stations: Construction
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what the Government’s policy is on business rate retention for local communities which are to host new nuclear power plants; and if he will make a statement.
tabling member constituency	Warrington North
tabling member printed	Charlotte Nichols
uin	18074
answer	answer is ministerial correction date of answer 22/06/2022 answer text <p>Community benefits will form one part of the Government’s work on delivering ambitions for new build nuclear, as set out in the British Energy Security Strategy. The specifics, such as business rate retention, have not yet been determined.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 22/06/2022 16:05:19 answering member 1526 label Biography information for Greg Hands
tabling member	4799 label Biography information for Charlotte Nichols

1463174

registered interest
date	16/05/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Nuclear Power Stations: Construction
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the impact assessment of the Nuclear Energy (Financing) Act 2022 published on 26 October 2021, if his Department has updated its assessment of the cost of building and financing a nuclear power plant under a Regulatory Asset Base (RAB) model.
tabling member constituency	Kilmarnock and Loudoun
tabling member printed	Alan Brown
uin	2542
answer	answer is ministerial correction date of answer 19/05/2022 answer text <p>The Government has not updated the analysis presented in the Impact Assessment for the Nuclear Energy (Financing) Act.</p><p> </p><p>Individual projects being considered for RAB funding under the Act will be subject to Value for Money assessment both at the point of its designation, and as part of wider Government approvals.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 19/05/2022 09:42:32 answering member 1526 label Biography information for Greg Hands
tabling member	4470 label Biography information for Alan Brown

1461761

registered interest
date	11/05/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Nuclear Power Stations: Construction
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment of the benefits of building new nuclear power stations concurrently.
tabling member constituency	Strangford
tabling member printed	Jim Shannon
uin	760
answer	answer is ministerial correction date of answer 20/05/2022 answer text <p>The Government assesses each proposed new nuclear project on its own merits, mindful of the value of economies of scale. The Government recently set out the parameters of the Future Nuclear Enabling Fund (£120m) to encourage developers to bring to fruition future proposals. The Government will engage with industry on the development of the pipeline of new projects kickstarted by the British Energy Security Strategy.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 20/05/2022 09:53:04 answering member 1526 label Biography information for Greg Hands
tabling member	4131 label Biography information for Jim Shannon