Threads / Alternative Routes to Market for New Nuclear Projects / International examples suggest that the best way to bring t…
Committee Material Published 28 Apr 2023 ↗ View on Parliament

International examples suggest that the best way to bring the cost of nuclear energy generation down is to build a programme of new nuclear reactors, so that supply chains and skills can be developed and transferred from one project to the next. The Government has taken steps in this direction, with plans to establish a programme of new nuclear projects, supported by Great British Nuclear, and to launch a competition to select the leading small modular reactors. The Government’s nuclear roadm...

International examples suggest that the best way to bring the cost of nuclear energy generation down is to build a programme of new nuclear reactors, so that supply chains and skills can be developed and transferred from one project to the next. The Government has taken steps in this direction, with plans to establish a programme of new nuclear projects, supported by Great British Nuclear, and to launch a competition to select the leading small modular reactors. The Government’s nuclear roadmap, due later this year, should set out the options for delivering the nuclear capacity the UK will need by 2050, including options for financing these n Type: recommendation | Number: 22 | Paragraph: 105 | Response status: under_consideration Government response: 72. To get the scale and cost reductions we need to meet its carbon budget and net zero commitments, the UK is supporting multiple production routes, including both blue and green hydrogen. In the UK Hydrogen Strategy (2021), the Govern