It is not uncommon, in the face of an unclear strategy or unresolved internal arguments about financing, for governments to defer decisions rather than take them. But this would be the wrong course. The UK risks losing the advantage of 102 Delivering nuclear power the public investment that has already been made; as well as contributing to the ambiguity in our future energy supply; and perpetuating a level of policy risk that is likely to drive a risk premium on costs, to the detriment of the...

It is not uncommon, in the face of an unclear strategy or unresolved internal arguments about financing, for governments to defer decisions rather than take them. But this would be the wrong course. The UK risks losing the advantage of 102 Delivering nuclear power the public investment that has already been made; as well as contributing to the ambiguity in our future energy supply; and perpetuating a level of policy risk that is likely to drive a risk premium on costs, to the detriment of the taxpayer and billpayer. Type: conclusion | Number: 19 | Paragraph: 106 | Response status: under_consideration Government response: The government sees SMRs as having a crucial role to play in our future energy mix as we transition to net zero and support our energy security. GBN has launched a Small Modular Reactor Technology Selection Process (TSP) to identify those companies best able to reach a project FID by 2029, which cou