Besides traditional measures like apprenticeship quotas and community benefit funds, the Government should also investigate more creative mechanisms to ensure economic value from nuclear developments is captured locally. This could include doing more to encourage jointly consenting public infrastructure like roads and railways, and exploring fiscal measures like full business rate retention for local authorities. These approaches may prove more adaptable to SMRs, with their smaller geographic...
Besides traditional measures like apprenticeship quotas and community benefit funds, the Government should also investigate more creative mechanisms to ensure economic value from nuclear developments is captured locally. This could include doing more to encourage jointly consenting public infrastructure like roads and railways, and exploring fiscal measures like full business rate retention for local authorities. These approaches may prove more adaptable to SMRs, with their smaller geographic and economic footprint. (Recommendation, Paragraph 51) Type: recommendation | Number: 15 | Response status: under_consideration Government response: Government notes the Committee’s recommendation to develop creative mechanisms to ensure the economic value of nuclear developments is captured locally. Through the Clean Power Action Plan, we have been clear that where communities host clean energy infrastructure, such as nuclear power stations, we