Source · Select Committees · Welsh Affairs Committee
Recommendation 10
10
Acknowledged
Inclusion of nuclear energy in green taxonomy will unlock new private investment.
Conclusion
We welcome the UK Government’s announcement that nuclear energy will be included in the green taxonomy, subject to consultation. We consider that this will unlock new avenues of private investment for nuclear development and send the signals needed to the financial sector that nuclear energy is an attractive investment. (Paragraph 53) Potential economic impact of new nuclear developments
Government Response Summary
The government welcomes Hitachi's continued stewardship of the Wylfa Newydd site and has a positive relationship and dialogue with all nuclear site owners, but no decisions have been taken over which technologies future projects will proceed with, or at which sites.
Government Response
Acknowledged
HM Government
Acknowledged
The Government welcomes Hitachi’s continued stewardship of the Wylfa Newydd site and the effort taken to maintain the site in recent years. While any decision to sell the site is a commercial decision for Hitachi, we continue to have a positive relationship and strong dialogue with all nuclear site owners (as nominated under the 2011 National Policy Statement) and remain in a conversation with them about how to best enable and deliver on the Government’s ambition for up to 24GW of nuclear energy by 2050. Government has established Great British Nuclear (GBN) to drive forward the UK’s new nuclear programme. GBN will be working with Government on access to potential sites for new nuclear projects to achieve our long-term ambition. GBN will also support the Government’s consideration of further large Gigawatt-scale projects to help us deliver on our long-term ambition. However, no decisions have been taken over which technologies future projects will proceed with, or at which sites. Government recognises the desire for a settled policy for new nuclear deployment and will develop a new National Policy Statement (NPS), which will set out the planning policy for deploying new nuclear power stations beyond 2025. The new nuclear NPS will