Policy Threads

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.

1 Sep 2025 | Announcement Department for Energy Security and Net Zero linked

Departmental Contingent Liability Notification; Sizewell C Funded Decommissioning Programme and Government Support Package

UIN: HCWS893 I am pleased to have laid a Departmental Minute describing the contingent liabilities arising from the signing of the Funded Decommissioning Programme and Government Support Package for Sizewell C. Once operational, Sizewell C will deliver clean power for...

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23 Jun 2021 | Announcement Department for Business, Energy & Industrial Strategy linked

Business Update

UIN: HCWS114 The Government is today entering into a new set of arrangements to deliver safe, lower cost and more efficient decommissioning of the UK’s operating nuclear power stations, once they stop generating power.Those nuclear power stations are all owned …

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20 Jul 2020 | Announcement Department for Business, Energy & Industrial Strategy linked

Contingencies Fund Advance

UIN: HCWS388 I hereby give notice of the Department for Business, Energy and Industrial Strategy’s intention to seek an advance from the Contingencies Fund of £5,070,000,000 to provide funding for the Nuclear Liabilities Fund (NLF).The funding will be used to …

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