Source · Select Committees · Welsh Affairs Committee
Recommendation 9
9
Paragraph: 48
Explain mechanisms for monitoring and reporting consumer risk during Sizewell C construction.
Recommendation
We recognise the high cost of construction of nuclear energy plants and the large upfront investment needed to get a project to final investment decision. We hope that the Regulated Asset Base (RAB) model will help overcome these investment challenges. However, there are valid concerns about the risk to consumers, which needs to be closely monitored in order to be better understood as the RAB model is used for the first time for a nuclear project at Sizewell C. The Government should explain the mechanisms it will use to monitor and report to the House during the construction of Sizewell C.
Paragraph Reference:
48
Government Response
A response document is linked to this report, dated 7 July 2023. Response attribution to this recommendation has not been verified. Read the response document ↗