Whilst investment by Government in early stage and demonstrator reactors will drive forward innovation for advanced modular reactors (AMRs), bringing them closer to commercialisation, what is also important is the UK having a regulatory environment and incentives for private investment. This has been demonstrated to work in the UK’s fusion sector, where as well as strong Government funded demonstrator programme, the regulatory system, skills environment and developing supply chain, is attract...

Whilst investment by Government in early stage and demonstrator reactors will drive forward innovation for advanced modular reactors (AMRs), bringing them closer to commercialisation, what is also important is the UK having a regulatory environment and incentives for private investment. This has been demonstrated to work in the UK’s fusion sector, where as well as strong Government funded demonstrator programme, the regulatory system, skills environment and developing supply chain, is attracting private companies and private investment to the UK. Type: conclusion | Number: 22 | Paragraph: 121 | Response status: accepted Government response: The Government agrees with the findings from the committee and are working towards accelerating the Advanced Modular Reactor Research, Development and Demonstration programme. In July this year, funding was announced for USNC UK and NNL-JAEA for Phase B of the programme that aims to enable an AMR de