A question on #NuclearPower #Finance tabled by Lord Jones of Penybont on 05-06-2025 has been answered by Lord Wilson of Sedgefield.

Heading: Nuclear Power: Finance
Question ID: 1810066
UIN: HL8177
House: Lords
Date tabled: 2025-06-05
Asking Member ID: 5383
Asking Member display name: Lord Jones of Penybont
Asking Member handle:
Asking Member Twitter reference: Lord Jones of Penybont
Member interest: false
Question text: To ask His Majesty's Government what steps they are taking to fund advanced nuclear technologies through the generic design assessment process.
Is named day: false
Date of holding answer:
Date answered: 2025-06-19
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 1603
Answering Member display name: Lord Wilson of Sedgefield
Answering Member handle:
Answering Member Twitter reference: Lord Wilson of Sedgefield
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: The costs of nuclear regulatory services, like Generic Design Assessment, are charged to companies in regulation. The Government part-funded 3 companies to undertake GDA for their Small Modular Reactor designs through the Low-Cost Nuclear Challenge and Fu...
Original answer text:
Comparable answer text:
Answering body ID: 215
Answering body name: Department for Energy Security and Net Zero
Tweeted: true