Threads / Nuclear Regulated Asset Base Model / The Government should publish details of how the estimated …
Government Response Published 31 Jul 2023 ↗ View on Parliament

The Government should publish details of how the estimated savings from using the RAB model for funding Sizewell C were calculated, and provide clarity for the funding structure, by publishing the Heads of Terms for the agreed RAB funding model for that project.

The Government should publish details of how the estimated savings from using the RAB model for funding Sizewell C were calculated, and provide clarity for the funding structure, by publishing the Heads of Terms for the agreed RAB funding model for that project. Type: recommendation | Number: 43 | Paragraph: 221 | Response status: under_consideration Government response: The illustrative costs of building and financing a new nuclear power plant using the RAB model as compared to a CfD are outlined in paragraphs 72 - 74 and tables 2 - 4 of the Impact Assessment (IA) for the Act. The IA highlighted that a gigawatt scale nuclear plant financed by a RAB approach could s