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Welsh Affairs Committee to hear from proponents of nuclear power, on funding plans for Sizewell C project

On 16th Nov, the Welsh Affairs Committee will quiz experts on whether
funding models are adequate to meet the UK Government’s targets to
generate 24GW of nuclear power by 2050. MPs will hear from Aviva Investors,
Sizewell C and the Nuclear Industry Association on the financing of new
nuclear projects covering the Regulated Asset Base model of funding, green
taxonomy and private investment.

They will also be discussing the
importance of the UK Government’s commitment to the nuclear sector and
public funding. The evidence session comes amid reports that the UK
Government is hoping to finalise a deal shortly on the funding of the
Sizewell C nuclear power plant.

 Welsh Affairs Select Committee 10th Nov 2022

https://committees.parliament.uk/committee/162/welsh-affairs-committee/news/174284/experts-questioned-on-the-financing-of-new-nuclear-projects/

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November 11, 2022 - Posted by | business and costs, UK

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