Source · Select Committees · Welsh Affairs Committee
Recommendation 8
8
Financing new nuclear projects at Wylfa faces ongoing challenges despite the RAB model.
Conclusion
The introduction of the Regulated Asset Base (RAB) model is welcomed as a better alternative to the Contracts for Difference (CfD) scheme for nuclear developments. However, financing new nuclear projects is not straightforward and there will still be challenges under the RAB model. For a development to progress at Wylfa, important issues still remain regarding financial commitment. (Paragraph 47) Nuclear energy in Wales 27
Government Response
A response document is linked to this report, dated 7 July 2023. Response attribution to this conclusion has not been verified. Read the response document ↗