Threads / Alternative Routes to Market for New Nuclear Projects / If a single supplier of SMRs were to be available, either t…
Government Response Published 31 Jul 2023 ↗ View on Parliament

If a single supplier of SMRs were to be available, either through Government choice or following the Generic Design Assessment process, the CfD auction model will not be suitable. As part of a clear and specific strategy for SMRs, the Government should come to a view quickly on what financial model would be available for the initial deployment and communicate this clearly to developers.

If a single supplier of SMRs were to be available, either through Government choice or following the Generic Design Assessment process, the CfD auction model will not be suitable. As part of a clear and specific strategy for SMRs, the Government should come to a view quickly on what financial model would be available for the initial deployment and communicate this clearly to developers. Type: recommendation | Number: 45 | Paragraph: 226 | Response status: under_consideration Government response: development of SMR programmes in the UK. In July 2023, Great British Nuclear launched a technology selection process (TSP) to select the best Small Modular Reactor technologies from around the world and is not limited to a single supplier. At the same time, the Government committed to consult in the