Source · Select Committees · Business, Innovation, Science and Trade Committee
Recommendation 21
21
Paragraph: 104
Require Government to detail costs, financing, and transparency for 24 GW nuclear power ambition.
Conclusion
In response to this report, we request that the Government sets out: a) its current estimates of the total cost of delivering the Government’s 24 GW ambition; b) its latest official estimate of the total cost of Sizewell C and Hinkley Point C; Decarbonisation of the power sector 103 c) how it plans to finance its 24 GW ambition, including whether future projects will also adopt the Regulated Asset Base model; and d) the impact of the increasing costs of Hinkley Point C and Sizewell C on its plans for nuclear and how it is ensuring sufficient transparency over such costs.
Paragraph Reference:
104
Government Response
A response document is linked to this report, dated 14 July 2023. Response attribution to this conclusion has not been verified. Read the response document ↗