45
Communicate a clear financial model for initial SMR deployment, as CfD is unsuitable.
Recommendation
If a single supplier of SMRs were to be available, either through Government choice or following the Generic Design Assessment process, the CfD auction model will not be suitable. As part of a clear and specific strategy for SMRs, the Government should come to a view quickly on what financial model would be available for the initial deployment and communicate this clearly to developers.
Paragraph Reference
226
Government Response
A response document is linked to this report, dated 25 October 2023. Response attribution to this recommendation has not been verified. Read the response document.
Source
Inquiry
Delivering nuclear power
Report
Eighth Report - Delivering nuclear power
31 Jul 2023
HC 626
Addressee Bodies
Department for Science, Innovation and Technology
Timeline
Recommendation age
3.1 yrs
Report published
31 Jul 2023