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1052377
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Department for Business, Energy and Industrial Strategy remove filter
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WrittenParliamentaryQuestion
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answer
unstar this property answer text <p>We are considering a proposal from a UK Consortium into Wave 3 of the Industrial Strategy Challenge Fund that could result in a significant joint investment.</p> more like this
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499
unstar this property label Biography information for Lord Campbell-Savours remove filter
1052379
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Department for Business, Energy and Industrial Strategy remove filter
unstar this property house id 2 more like this
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WrittenParliamentaryQuestion
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answer
unstar this property answer text <p>This Government continues to believe that nuclear has an important role to play in the UK’s future energy mix, but it must represent good value for taxpayers and consumers. The Wylfa and Moorside projects were not due to be operational until the late 2020s, and there are a range of options for replacing this capacity over that time-frame. Both sites remain potential sites for nuclear new build under the current National Policy Statement, and myself and my officials remain willing to meet with any viable proponents wishing to develop these sites. My rt. hon. Friend the Secretary of State will set out a new approach to financing new nuclear in the planned energy White Paper in due course.</p> more like this
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499
unstar this property label Biography information for Lord Campbell-Savours remove filter
1052378
star this property answering body
Department for Business, Energy and Industrial Strategy remove filter
unstar this property house id 2 more like this
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WrittenParliamentaryQuestion
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answer
unstar this property answer text <p>Since 2015, the Government has engaged with over 30 small and advanced reactor vendors through initiatives such as the SMR Competition (March 2016 – December 2017) and the ongoing Advanced Modular Reactor (AMR) Feasibility and Development Project.</p><p> </p><p>The sizes of individual reactor modules range from 4MWe – 465 MWe. Many vendors are designing reactors with the intention of multiple modules being deployed together, scaling up the generation output of an installation. This includes proposals for modular reactor power stations with the potential outputs around 1GWe. The reactor technology types range from conventional water-cooled reactors, to 4th generation reactors using novel fuels and coolants, as well as fusion reactor concepts.</p> more like this
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499
unstar this property label Biography information for Lord Campbell-Savours remove filter
1052376
star this property answering body
Department for Business, Energy and Industrial Strategy remove filter
unstar this property house id 2 more like this
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WrittenParliamentaryQuestion
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answer
unstar this property answer text <p>Diversity in our energy mix provides vital insurance against future uncertainty and in ensuring security of supply can be maintained. As part of this, nuclear power as well as other low carbon power technologies have an important role to play in the UK’s energy future as we transition to a low carbon economy.</p><p> </p><p>We regularly compare the impact on electricity system costs of deploying technologies, as well as assessing their impact on energy security, decarbonisation and consumer bills. This includes looking at the benefits smaller reactors can provide to the UK energy mix.</p><p> </p><p>Future updates to the analysis will also include considering the findings of the Expert Finance Working Group which was set up to advise Government on how small reactor projects could raise private investment in the UK, and the outputs from the Advanced Modular Reactor (AMR) R&amp;D Programme of which all 8 participants have now submitted their feasibility studies.</p> more like this
star this property tabling member
499
unstar this property label Biography information for Lord Campbell-Savours remove filter