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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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2025

9 events
24 Oct 2025 | Committee report linked

When designating EN-7, the Government should publish a plan with its preferred level and mix of nuclear technologies, indicative deployment timelines, and the role of EN-6 sites potentially suitable for gigawatt-scale plants. Each part of this plan should explain the role of GBE-N in facilitating it. (Recommendation, Paragraph 21)

When designating EN-7, the Government should publish a plan with its preferred level and mix of nuclear technologies, indicative deployment timelines, and the role of EN-6 sites potentially suitable for gigawatt-scale plants. Each part of this plan should explain the …

24 Oct 2025 | Committee report linked

GBE-N should announce its plans for Oldbury and Wylfa without further delay, including which technologies it intends to deploy. (Recommendation, Paragraph 22)

GBE-N should announce its plans for Oldbury and Wylfa without further delay, including which technologies it intends to deploy. (Recommendation, Paragraph 22) Type: conclusion | Number: 4 | Response status: partially_accepted Government response: The draft EN-7 recognises that the sites …

24 Oct 2025 | Committee report linked

We also recommend that EN-7, or the accompanying guidance, explicitly support the use of conditional commencement mechanisms (also known as Grampian conditions). These would allow consent to be granted while restricting the start of specified works until relevant licences or authorisations are secured. (Recommendation, Paragraph 32)

We also recommend that EN-7, or the accompanying guidance, explicitly support the use of conditional commencement mechanisms (also known as Grampian conditions). These would allow consent to be granted while restricting the start of specified works until relevant licences or …

24 Oct 2025 | Committee report linked

Looking beyond EN-7, the Government will need to start considering proposals for a more diverse fleet of reactors with different benefits and risks. A future NPS might, for certain technologies, need to disapply criteria or introduce entirely new ones. (Conclusion, Paragraph 38) 25

Looking beyond EN-7, the Government will need to start considering proposals for a more diverse fleet of reactors with different benefits and risks. A future NPS might, for certain technologies, need to disapply criteria or introduce entirely new ones. (Conclusion, …

24 Oct 2025 | Committee report linked

EN-7 should signal the Government’s openness to developing more technology-specific criteria in the next nuclear NPS, and invite ongoing contributions from industry, regulators and independent experts on how siting policy can adapt to a more varied nuclear landscape. (Recommendation, Paragraph 40) Improvements to the draft criteria

EN-7 should signal the Government’s openness to developing more technology-specific criteria in the next nuclear NPS, and invite ongoing contributions from industry, regulators and independent experts on how siting policy can adapt to a more varied nuclear landscape. (Recommendation, Paragraph …

24 Oct 2025 | Committee report linked

The requirement in the generic EN-1 NPS for applicants to consider the use of waste heat should be restated in more technology-specific terms within EN-7 or the accompanying guidance. This could better support applicants seeking to make productive use of nuclear-generated heat. (Recommendation, Paragraph 66) 27

The requirement in the generic EN-1 NPS for applicants to consider the use of waste heat should be restated in more technology-specific terms within EN-7 or the accompanying guidance. This could better support applicants seeking to make productive use of …

2024

1 event

2023

39 events
31 Jul 2023 | Committee report linked

We conclude that it is reasonable for EDF to seek life extensions to extend their contribution to the grid if, and only if, the Office for Nuclear Regulation’s judgement is that they can be safely operational as is currently the case.

We conclude that it is reasonable for EDF to seek life extensions to extend their contribution to the grid if, and only if, the Office for Nuclear Regulation’s judgement is that they can be safely operational as is currently the …

31 Jul 2023 | Committee report linked

The new Nuclear Strategic Plan, that we recommend, must spell out how the current reactor fleet, through life extensions, will contribute to the Government’s ambition of 24 GW from nuclear by 2050.

The new Nuclear Strategic Plan, that we recommend, must spell out how the current reactor fleet, through life extensions, will contribute to the Government’s ambition of 24 GW from nuclear by 2050. Type: recommendation | Number: 2 | Paragraph: 32 …

31 Jul 2023 | Committee report linked

In his previous role as industry advisor to Great British Nuclear, Simon Bowen produced a report proposing what function and form Great British Nuclear should take. This report was delivered to the Government in September 2022.

In his previous role as industry advisor to Great British Nuclear, Simon Bowen produced a report proposing what function and form Great British Nuclear should take. This report was delivered to the Government in September 2022. Type: conclusion | Number: …

31 Jul 2023 | Committee report linked

The Government should publish the report and recommendations submitted by Simon Bowen, industrial adviser to Great British Nuclear, and his team on the purpose of Great British Nuclear, alongside the Government response to this report.

The Government should publish the report and recommendations submitted by Simon Bowen, industrial adviser to Great British Nuclear, and his team on the purpose of Great British Nuclear, alongside the Government response to this report. Type: recommendation | Number: 6 …

31 Jul 2023 | Committee report linked

The Government should take steps to advance the ability for FIDs to be taken before 2029 and provide a detailed timeline of when it expects the winner or winners of GBN’s SMR technology selection process to begin commercially supplying electricity to the UK.

The Government should take steps to advance the ability for FIDs to be taken before 2029 and provide a detailed timeline of when it expects the winner or winners of GBN’s SMR technology selection process to begin commercially supplying electricity …

31 Jul 2023 | Committee report linked

Gigawatt-scale nuclear power plants require UK experience—of the supply chain, regulatory processes and the wider energy sector—to deliver projects efficiently. However, the UK may benefit in the future from multiple operators of small and advanced, nuclear power technologies as they have the potential to provide market competition, collaboration opportunities and prevent a groupthink mentality.

Gigawatt-scale nuclear power plants require UK experience—of the supply chain, regulatory processes and the wider energy sector—to deliver projects efficiently. However, the UK may benefit in the future from multiple operators of small and advanced, nuclear power technologies as they …

31 Jul 2023 | Committee report linked

The Government should provide clarity on how it plans to achieve its 24 gigawatt aim, and the expected timeline for these. This should include details of: a) the target mix of reactor technologies, including the desired number of future gigawatt scale reactors, that the Government will support; and b) a detailed timeline for when new projects are expected to be completed.

The Government should provide clarity on how it plans to achieve its 24 gigawatt aim, and the expected timeline for these. This should include details of: a) the target mix of reactor technologies, including the desired number of future gigawatt …

31 Jul 2023 | Committee report linked

The Government, through Great British Nuclear, must choose between the potential cost benefits of a standardised nuclear fleet of gigawatt reactors and the energy security and resilience that a diversity of reactor designs provides.

The Government, through Great British Nuclear, must choose between the potential cost benefits of a standardised nuclear fleet of gigawatt reactors and the energy security and resilience that a diversity of reactor designs provides. Type: conclusion | Number: 15 | …

31 Jul 2023 | Committee report linked

AMRs may offer new advantages in terms of cost and the potential for co-generation. But if they are to advance the research and development needs to move from the desk and the lab towards demonstrators, and this will require the Government to make decisions as to which technologies to fund.

AMRs may offer new advantages in terms of cost and the potential for co-generation. But if they are to advance the research and development needs to move from the desk and the lab towards demonstrators, and this will require the …

31 Jul 2023 | Committee report linked

The Government should continue its support for the Advanced Modular Reactor Research, Development and Demonstration programme and ensure that it takes decisions on funding particular technologies and projects without delay, so that it keeps pace with competitors.

The Government should continue its support for the Advanced Modular Reactor Research, Development and Demonstration programme and ensure that it takes decisions on funding particular technologies and projects without delay, so that it keeps pace with competitors. Type: recommendation | …

31 Jul 2023 | Committee report linked

It is not surprising that the nuclear sector has not been the industry of choice for many STEM specialists embarking on a career. At a time when no new nuclear plants had been approved for decades, this was a sector thought by some not to be one with a bright future in which to contemplate a lifetime career specialisation.

It is not surprising that the nuclear sector has not been the industry of choice for many STEM specialists embarking on a career. At a time when no new nuclear plants had been approved for decades, this was a sector …

31 Jul 2023 | Committee report linked

As part of a strategic approach to nuclear, the Government and the industry should set out steps deliberately to communicate to school-leavers, graduates and to those changing careers, the particular advantages of choosing to work in the nuclear industry.

As part of a strategic approach to nuclear, the Government and the industry should set out steps deliberately to communicate to school-leavers, graduates and to those changing careers, the particular advantages of choosing to work in the nuclear industry. Type: …

3 May 2023 | Committee report linked

While we have heard dividing evidence on the role that nuclear energy should play in achieving the UK’s net zero targets and ensuring domestic energy security, there is a broad consensus between the UK and Welsh Governments, and the majority of our witnesses, in favour of new nuclear energy generation.

While we have heard dividing evidence on the role that nuclear energy should play in achieving the UK’s net zero targets and ensuring domestic energy security, there is a broad consensus between the UK and Welsh Governments, and the majority …

3 May 2023 | Committee report linked

The storage technology required for an entire electricity system run on renewable energy is not there yet. Therefore, on balance, we consider that nuclear energy has a strong role to play, as part of a mix of low carbon sources, in achieving net zero and energy security.

The storage technology required for an entire electricity system run on renewable energy is not there yet. Therefore, on balance, we consider that nuclear energy has a strong role to play, as part of a mix of low carbon sources, …

3 May 2023 | Committee report linked

The previous attempt to bring a new nuclear project to Wylfa by Hitachi has left scars on the local community. We are concerned that expectations are being raised again on Ynys Môn and question how long the uncertainty can continue about whether or not a new nuclear build will be delivered at Wylfa.

The previous attempt to bring a new nuclear project to Wylfa by Hitachi has left scars on the local community. We are concerned that expectations are being raised again on Ynys Môn and question how long the uncertainty can continue …

3 May 2023 | Committee report linked

We have heard from a wide range of industry representatives that Wylfa is one of the best sites for nuclear development and it is difficult to see how the UK Government can deliver its nuclear ambitions without taking forward a project at Wylfa. We consider that Wylfa should be the location of the next gigawatt-scale nuclear generation plant after Sizewell C.

We have heard from a wide range of industry representatives that Wylfa is one of the best sites for nuclear development and it is difficult to see how the UK Government can deliver its nuclear ambitions without taking forward a …

3 May 2023 | Committee report linked

While successfully developing a Small Modular Reactor (SMR) would present a huge opportunity for the UK, the technology is still in development phase. If the UK Government is serious about nuclear energy now it needs to pursue new gigawatt- scale plants alongside its policy on SMRs.

While successfully developing a Small Modular Reactor (SMR) would present a huge opportunity for the UK, the technology is still in development phase. If the UK Government is serious about nuclear energy now it needs to pursue new gigawatt- scale …

3 May 2023 | Committee report linked

The UK Government, and Great British Nuclear, should continue to engage with Cwmni Egino on its ambition for Trawsfynydd to become the first site to host Small Modular Reactors (SMRs) in the UK. We urge the Government to include the Trawsfynydd site in the new Nuclear National Policy Statement as a potential site for SMRs. (Paragraph 36) Financing new neclear

The UK Government, and Great British Nuclear, should continue to engage with Cwmni Egino on its ambition for Trawsfynydd to become the first site to host Small Modular Reactors (SMRs) in the UK. We urge the Government to include the …

3 May 2023 | Committee report linked

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

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 …

2022

4 events