Nuclear Liabilities Financing Assurance Board

Department for Business, Energy and Industrial Strategy written question – answered on 17th September 2020.

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Photo of Caroline Lucas Caroline Lucas Green, Brighton, Pavilion

To ask the Secretary of State for Business, Energy and Industrial Strategy, what his plans are for the future of the Nuclear Liabilities Financing Assurance Board; and if he will make a statement.

Photo of Nadhim Zahawi Nadhim Zahawi Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The Government is prepared to support new nuclear projects in the years ahead, if these projects can be delivered at a competitive price that represents value for money for the taxpayer. If we were to take a new nuclear project forward, we would look at appropriate methods to scrutinise proposals for the Funded Decommissioning Programme submitted by the prospective operator.

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