Energy White Paper

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

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Photo of Alun Cairns Alun Cairns Conservative, Vale of Glamorgan 5:16 pm, 14th December 2020

I congratulate my right hon. Friend and his ministerial team on today’s significant statement. I warmly welcome the commitment shown towards nuclear energy and the open mind that he shows towards the financing model. Does he recognise the challenges that the regulated asset base will give to assessing the risk at the early stage of a traditional build of nuclear power stations? Will he also show the same enthusiasm for small modular reactors that provide an exciting opportunity to parts of the UK that are looking for significant investment and the job-creating opportunities that small modular and advanced modular reactors can bring?