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Alternative Routes to Market for New Nuclear Projects

The Department for Energy Security and Net Zero is developing alternative routes to market for new nuclear projects, including advanced nuclear technologies, to diversify financing mechanisms beyond traditional approaches. This includes consultation on financial support for nuclear lifetime extensions and third-party liability frameworks for advanced reactor designs. The policy is active and aims to enable new nuclear deployment through flexible market access and investment structures.

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3 May 2023 | Written evidence linked

One of the significant missing parts of the future of nuclear development is the lack of a utility developer in the UK, other than EDF-related companies. We recommend that the UK Government explains its plans to resolve this problem and whether there is a role for Great British Nuclear to play. (Paragraph 80) Nuclear energy in Wales 29 Written evidence: Letter from Rt Hon Stephen Crabb MP, Chair, to the Prime Minister, 3 March 2023 Dear Prime Minister, I am writing ahead of the UK Budget anno...

One of the significant missing parts of the future of nuclear development is the lack of a utility developer in the UK, other than EDF-related companies. We recommend that the UK Government explains its plans to resolve this problem and …

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