Department for Energy Security and Net Zero written question – answered at on 13 May 2024.
To ask the Secretary of State for Energy Security and Net Zero, with reference to the Department for Business, Energy and Industrial Strategy's press release entitled UK backs new small nuclear technology with £210 million, published on 9 November 2021, what the cost to the public purse is of Government support to Rolls Royce SMR since 2021; and if she will make an estimate of the level of future funding they are forecast to receive by 2035.
Under the Low Cost Nuclear programme, the Government has given a grant of up to £210 million to Rolls-Royce SMR Ltd to support development of the Rolls Royce Small Modular Reactor (SMR) design to complete the Generic Design Assessment Step Two. The Rolls Royce SMR is potentially capable of deployment in the UK in the early 2030s. Grant payments are disbursed in arrears subject to Rolls-Royce SMR providing supporting evidence to the grant administrator, UK Research and Innovation. There have been no commitments made for future funding after the Low Cost Nuclear programme.
Separately, Rolls Royce SMR is one of six vendors in the Great British Nuclear SMR Technology Selection Process which have been invited to submit tenders for technology partner contracts. The total funding made available to successful bidders will be subject to tender evaluation and approval of the full business case.
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