Rolls-Royce SMR: Government Assistance

Department for Energy Security and Net Zero written question – answered at on 17 May 2024.

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Photo of Dave Doogan Dave Doogan Shadow SNP Spokesperson (Energy Security and Net Zero)

To ask the Secretary of State for Energy Security and Net Zero, pursuant to the Answer of 13 May 2024 to Question 25350 on Rolls-Royce SMR: Government Assistance, if she will make an assessment of the potential impact of the decision by Rolls Royce not to pursue plans for a heavy pressure vessel plant in Deeside on the return on capital; and how much and what proportion of the grant has been allocated to Rolls Royce.

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

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, potentially capable of deployment across the UK in the early 2030s. Whilst part of the work of the Programme has supported the design of key factories and engagement with potential locations, decision on deployment are outside of this funded programme and are a commercial matter for Rolls Royce SMR ltd.

For the current phase of the Low Cost Nuclear programme Rolls Royce SMR have been allocated a total grant of £139.3 which equates to 66.3% of the total grant of £210m awarded. The assessment of Value for Money of activities Rolls Royce is undertaking under the grant funding agreement is in line with Green Book principles.

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