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The proposed changes to the funding model for new nuclear cleared their first hurdle, as members of the UK parliament's second chamber debated the Nuclear Energy (Financing) Bill for the first time.

Date: Thursday, 24 February 2022
Original article: world-nuclear-news.org/Articles/UK-s-House-of-Lords-considers-new-nuclear-financin

The UK has opened for consultation its assessment of a new financing model aimed at reducing the cost of new nuclear power plant projects by having consumers pay upfront through their energy bills. A solution is needed urgently because nuclear energy is seen as a vital part of the government's commitment to cutting the country's carbon emissions to net zero by 2050. Seven of the UK’s eight existing nuclear plants are set to be retired by 2030.

Date: Tuesday, 23 July 2019
Original article: world-nuclear-news.org/Articles/UK-considers-Regulated-Asset-Base-model-to-finance

The UK has opened for consultation its assessment of a new financing model aimed at reducing the cost of new nuclear power plant projects by having consumers pay upfront through their energy bills. A solution is needed urgently because nuclear energy is seen as a vital part of the government's commitment to cutting the country's carbon emissions to net zero by 2050. Seven of the UK’s eight existing nuclear plants are set to be retired by 2030.

Date: Tuesday, 23 July 2019
Original article: world-nuclear-news.org/Articles/UK-considers-Regulated-Asset-Base-model-to-finance

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