Advanced Nuclear Fund

Department for Energy Security and Net Zero written question – answered at on 15 May 2024.

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Photo of Gregory Campbell Gregory Campbell Shadow DUP Spokesperson (International Development), Shadow DUP Spokesperson (Cabinet Office)

To ask the Secretary of State for Energy Security and Net Zero, whether he has made an estimate of the percentage of the UK's total energy requirement that will be delivered through the Advanced Nuclear Fund in each of the next ten years.

Photo of Andrew Bowie Andrew Bowie Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)

The Advanced Nuclear Fund (ANF) is a £385m fund that supports innovation in nuclear energy. It was announced in 2020 and is due to conclude in March 2025. It includes a grant of up to £210m to Rolls Royce SMR Ltd to develop their Small Modular Reactor (SMR) design, as well as other funding for Advanced Modular Reactor (AMR) research and development.

The Government has set out a commitment for SMRs to be operational in the UK by the mid-2030s, and to build an AMR demonstrator by the early 2030s, as part of the wider ambition for nuclear power to provide up to 25% of the UK’s electricity by 2050. The ANF promotes innovations that will help to meet these goals, and therefore its contribution to the UK’s total energy requirement will be from the mid-2030s.

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