Great British Nuclear: Modular Reactors - Question

Part of the debate – in the House of Lords am 2:37 pm ar 2 Rhagfyr 2024.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Lord Hunt of Kings Heath Lord Hunt of Kings Heath Minister of State (Department for Energy Security and Net Zero) 2:37, 2 Rhagfyr 2024

My Lords, I think the noble Lord paints too bleak a position. The UK is very well placed in relation to SMRs, and the programme that GBN is taking forward is being watched with great interest by a number of countries. In relation to investment, as the chair of GBN, Simon Bowen, told the energy Select Committee last week, of course there are issues to do with risk, timing and potential delays with first-in-class designs. But as we gain momentum and produce more modular reactors, the efficiency of the programme will get better and better. That is why we have to give support at this stage, and why we see huge potential.