Market framework for financing small nuclear: a report Her Majesty’s Government by the Expert Finance Working Group on Small Nuclear Reactors

cover image
Document type
Report
Corporate author(s)
Great Britain. Dept. for Business, Energy and Industrial Strategy
Publisher
Department for Business, Energy and Industrial Strategy
Date of publication
7 August 2018
Subject(s)
Small business & enterprise: the practicalities of running a small business and the theory of entrepreneurship
Collection
Business and management
Material type
Reports

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The group, chaired by Fiona Reilly (Executive Partner, Atlantic SuperConnection and a Non-executive Director of the Nuclear Industry Association), sets out in the report a series of recommendation on how government, the nuclear and the finance sector can work together to enable the advanced nuclear technologies market.

These include:

  • setting out a clear policy and market framework;
  • integrating energy, nuclear and finance sector stakeholders;
  • focusing on bringing first-of-a-kind (FOAK) projects to market;
  • establishing an advanced manufacturing supply chain initiative;
  • optimising the Generic Design Assessment (GDA) process;
  • making sites available to FOAK small nuclear projects; and
  • setting out a new infrastructure fund.

 

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