Closed 71 events
Lifecycle stage Implementation
1,164 days in stage

Nuclear Regulated Asset Base Model

The Department for Energy Security and Net Zero (formerly BEIS) is implementing the Regulated Asset Base (RAB) model for nuclear power station financing, which allows private developers to recover investment costs through regulated returns over the asset's lifetime. Current work includes modifying the Sizewell C RAB licence, developing industry codes, and conducting post-implementation reviews of related regulations. This is an active energy infrastructure financing initiative.


Showing 71 key signals from 74 total
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2026

7 events
21 Jan 2026 | Consultation (closed) Department for Energy Security and Net Zero linked

Post-Implementation Review of Nuclear Installations Regulations

The Department for Energy Security and Net Zero is conducting a post implementation review (PIR) regarding the impact of three statutory instruments (SI): The Nuclear Installations (Prescribed Sites and Transport) Regulations 2018 which came into force on 01 January 2022. …

2024

4 events
8 Apr 2024 | Consultation outcome Department for Energy Security and Net Zero linked

Modifications to the Sizewell C Regulated Asset Base licence — outcome published

We're seeking views on proposed modifications to Sizewell C Limited Company’s electricity generation licence.

29 Jan 2024 | Consultation outcome Department for Energy Security and Net Zero linked

Modifications to the Sizewell C Regulated Asset Base licence — consultation closed

We're seeking views on proposed modifications to Sizewell C Limited Company’s electricity generation licence.

29 Jan 2024 | Consultation (closed) Department for Energy Security and Net Zero linked

Regulated Asset Base Licence Consultation — consultation closed

This consultation seeks views on proposed modifications to Sizewell C Limited Company’s electricity generation licence. In line with duties in the Nuclear Energy (Financing) Act 2022, the Secretary of State is required to consult on any proposed modifications. These modifications …

2023

7 events
6 Nov 2023 | Consultation outcome Department for Energy Security and Net Zero linked

Modifications to the Sizewell C Regulated Asset Base licence — consultation opened

We're seeking views on proposed modifications to Sizewell C Limited Company’s electricity generation licence.

6 Nov 2023 | Consultation (closed) Department for Energy Security and Net Zero linked

Regulated Asset Base Licence Consultation — consultation opened

This consultation seeks views on proposed modifications to Sizewell C Limited Company’s electricity generation licence. In line with duties in the Nuclear Energy (Financing) Act 2022, the Secretary of State is required to consult on any proposed modifications. These modifications …

2022

12 events
14 Dec 2022 | Consultation outcome Department for Business, Energy & Industrial Strategy linked

Revenue stream for the nuclear regulated asset base (RAB) model — outcome published

We're seeking views on the revenue regulations for the implementation of the nuclear RAB model revenue stream.

9 Aug 2022 | Consultation outcome Department for Business, Energy & Industrial Strategy linked

Revenue stream for the nuclear regulated asset base (RAB) model — consultation closed

We're seeking views on the revenue regulations for the implementation of the nuclear RAB model revenue stream.

9 Aug 2022 | Consultation (closed) Department for Energy Security and Net Zero linked

Revenue stream for the Nuclear RAB model — consultation closed

The Nuclear Energy (Financing) Act 2022 (‘the Act’) makes provision for the implementation of a Regulated Asset Base (RAB) model for nuclear energy generation projects. Fundamental to the successful implementation of a nuclear RAB model is a robust revenue stream …

14 Jun 2022 | Consultation outcome Department for Business, Energy & Industrial Strategy linked

Revenue stream for the nuclear regulated asset base (RAB) model — consultation opened

We're seeking views on the revenue regulations for the implementation of the nuclear RAB model revenue stream.

14 Jun 2022 | Consultation (closed) Department for Energy Security and Net Zero linked

Revenue stream for the Nuclear RAB model — consultation opened

The Nuclear Energy (Financing) Act 2022 (‘the Act’) makes provision for the implementation of a Regulated Asset Base (RAB) model for nuclear energy generation projects. Fundamental to the successful implementation of a nuclear RAB model is a robust revenue stream …

24 Mar 2022 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Energy (Financing) Bill

Report 15:20:00 Clause 2: Designation of nuclear company Amendment 1 Moved by 1: Clause 2, page 2, line 14, leave out from “project” to end and insert “will result in value for money, as evidenced by the publication of the …

8 Mar 2022 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Energy (Financing) Bill

Committee 15:45:00 The Deputy Chairman of Committees (Lord Brougham and Vaux) (Con): My Lords, Members are encouraged to leave some distance between themselves and others and to wear face coverings when not speaking. If there is a Division in the …

21 Feb 2022 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Energy (Financing) Bill

Second Reading 15:20:00 Moved by Lord Callanan: That the Bill be read a second time. The Parliamentary Under-Secretary of State, Department for Business, Energy and Industrial Strategy (Lord Callanan) (Con): My Lords, the Bill establishes a new funding model for …

10 Jan 2022 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Energy (Financing) Bill

Consideration of Bill, not amended in the Public Bill Committee New Clause 1 Report on proposed payments to a nuclear administrator or relevant licensee nuclear company “(1) Prior to making payments for the purpose described in section 41(2)(c), the Secretary …

2021

8 events
9 Dec 2021 | Consultation outcome Department for Business, Energy & Industrial Strategy linked

Draft Nuclear Safeguards Fees Regulations — outcome published

We're consulting on a proposed cost recovery scheme to fund the new UK domestic nuclear safeguards regulatory regime from April 2022.

9 Dec 2021 | Consultation outcome Civil Nuclear Constabulary Department for Business, Energy & Industrial Strategy linked

Civil Nuclear Constabulary: service expansion and diversification — outcome published

A consultation on proposals to amend the remit and powers of the Civil Nuclear Constabulary in the Energy Act.

3 Nov 2021 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Energy (Financing) Bill

Second Reading Mr Speaker: I inform the House that I have not selected either of the reasoned amendments. 15:57:00 The Minister of State, Department for Business, Energy and Industrial Strategy (Greg Hands): I beg to move, That the Bill be …

5 Aug 2021 | Consultation outcome Civil Nuclear Constabulary Department for Business, Energy & Industrial Strategy linked

Civil Nuclear Constabulary: service expansion and diversification — consultation closed

A consultation on proposals to amend the remit and powers of the Civil Nuclear Constabulary in the Energy Act.

24 Jun 2021 | Consultation outcome Civil Nuclear Constabulary Department for Business, Energy & Industrial Strategy linked

Civil Nuclear Constabulary: service expansion and diversification — consultation opened

A consultation on proposals to amend the remit and powers of the Civil Nuclear Constabulary in the Energy Act.

9 Mar 2021 | Consultation outcome Department for Business, Energy & Industrial Strategy linked

Draft Nuclear Safeguards Fees Regulations — consultation closed

We're consulting on a proposed cost recovery scheme to fund the new UK domestic nuclear safeguards regulatory regime from April 2022.

2020

2 events
15 Dec 2020 | Consultation outcome Department for Business, Energy & Industrial Strategy linked

Draft Nuclear Safeguards Fees Regulations — consultation opened

We're consulting on a proposed cost recovery scheme to fund the new UK domestic nuclear safeguards regulatory regime from April 2022.

2018

22 events
6 Jun 2018 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Safeguards Bill

Commons Amendment 15:51:00 Motion A Moved by Lord Henley: That this House do not insist on its Amendment 3, and do agree with the Commons in their Amendment 3A in lieu. 3A: After Clause 3, insert the following new Clause— …

9 May 2018 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Safeguards Bill

Message from the Commons The Bill was returned from the Commons with an amendment. The amendment was ordered to be printed. House adjourned at 9.30 pm.

8 May 2018 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Safeguards Bill

Consideration of Lords amendments. Queen’s consent signified. After Clause 1 Agreements required before withdrawal 18:53:00 The Parliamentary Under-Secretary of State for Business, Energy and Industrial Strategy (Richard Harrington): I beg to move, That this House disagrees with Lords amendment 3. …

27 Mar 2018 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Safeguards Bill

Third Reading 15:24:00 The Parliamentary Under-Secretary of State, Department for Business, Energy and Industrial Strategy (Lord Henley) (Con): My Lords, I have it in command from Her Majesty the Queen to acquaint the House that Her Majesty, having been informed …

20 Mar 2018 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Safeguards Bill

Report 15:44:00 Relevant documents: 13th and 17th Reports from the Delegated Powers Committee Clause 1: Nuclear safeguards Amendment 1 Moved by 1: Clause 1, page 2, leave out lines 18 and 19 The Parliamentary Under-Secretary of State, Department for Business, …

1 Mar 2018 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Safeguards Bill

Committee (2nd Day) 11:40:00 Relevant document: 13th Report from the Delegated Powers Committee Clause 1: Nuclear safeguards Amendment 7 Moved by 7: Clause 1, page 2, leave out lines 41 to 45 and insert— “(9) Before making any regulations under …

22 Feb 2018 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Safeguards Bill

Committee (1st Day) 12:23:00 Relevant document: 13th Report from the Delegated Powers Committee Amendment 1 Moved by 1: Before Clause 1, insert the following new Clause— “Associate membership of Euratom (1) In negotiating and concluding an agreement in accordance with …

22 Feb 2018 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Safeguards Bill

Committee (1st Day) (Continued) 15:11:00 Clause 1: Nuclear safeguards Amendment 3 Moved by 3: Clause 1, page 1, line 23, at end insert— “(c) ensuring that inspections of nuclear material, facilities and equipment for the purpose of nuclear safeguards continue …

7 Feb 2018 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Safeguards Bill

Second Reading 16:17:00 Moved by Lord Henley: That the Bill be now read a second time. The Parliamentary Under-Secretary of State, Department for Business, Energy and Industrial Strategy (Lord Henley) (Con): My Lords, before I set out the context surrounding, …

24 Jan 2018 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Safeguards Bill

First Reading 15:38:00 The Bill was brought from the Commons, read a first time and ordered to be printed.

23 Jan 2018 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Safeguards Bill

Consideration of Bill, not amended in the Public Bill Committee . New Clause 1 Transition period “(1) The Secretary of State shall, upon laying any statement under subsection (3A) of section 76A of the Energy Act 2013, seek to secure …

5 Jan 2018 | Consultation outcome Department for Business, Energy & Industrial Strategy linked

Defining intermediate risk prescribed sites: further consultation — outcome published

Government is seeking views on nuclear third party liability and revised criteria for the definition of intermediate risk nuclear sites.

2017

7 events
16 Oct 2017 | Bill stage Department for Business, Energy & Industrial Strategy linked

Nuclear Safeguards Bill

[Relevant documents: Oral evidence taken before the Public Accounts Committee on 9 Octo ber on Hinkley Point C, HC 393. Fourth Report of the Business, Energy and Industrial Strategy Commit tee of Session 2016-17, Leaving the EU: negotiation priorities for …

15 Sep 2017 | Consultation outcome Department for Business, Energy & Industrial Strategy linked

Defining intermediate risk prescribed sites: further consultation — consultation closed

Government is seeking views on nuclear third party liability and revised criteria for the definition of intermediate risk nuclear sites.

11 Aug 2017 | Consultation outcome Department for Business, Energy & Industrial Strategy linked

Defining intermediate risk prescribed sites: further consultation — consultation opened

Government is seeking views on nuclear third party liability and revised criteria for the definition of intermediate risk nuclear sites.

11 Aug 2017 | Consultation outcome Department for Business, Energy & Industrial Strategy linked

Consultation on defining nuclear prescribed sites and transport — outcome published

The government is seeking views on proposals to revise the Nuclear Installations (Prescribed Sites) Regulations 1983.

2016

2 events