Energy White Paper

Part of the debate – in the House of Commons at 5:16 pm on 14th December 2020.

Alert me about debates like this

Photo of Alok Sharma Alok Sharma The Secretary of State for Business, Energy and Industrial Strategy 5:16 pm, 14th December 2020

My hon. Friend makes an important point about funding models. Of course, Sizewell C will be second of a kind in terms of projects. I think there is likely to be an appetite from the private sector to invest in that, but we are at the start of the discussion with EDF to explore financing options. It could involve the regulated asset base model. As I said in my statement, we will look at the part that the Government or consumers could play in the financing, but at the heart of any decision will be ensuring that we are delivering value for money for British taxpayers and British consumers.