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Written question asked by Graham Leadbitter (Scottish National Party) on Friday, 28 August 2026, in the House of Commons. It was due for an answer on Wednesday, 2 September 2026. It was answered by Michael Shanks (Labour) on Tuesday, 8 September 2026 on behalf of the Department for Energy Security and Net Zero.


Nuclear Power: Finance

Question

To ask the Secretary of State for Energy Security and Net Zero, what level of capital funding has been (a) allocated and (b) awarded by GB Energy for nuclear power projects.

Answer

Great British Energy and Great British Energy Nuclear (GBE-N) operate as two separate and allied publicly owned companies with a shared mission to accelerate the deployment of clean energy assets.

The GBE-N small modular reactor programme was allocated £2.6 billion at the 2025 Spending Review.

This funding is being used by GBE-N to progress the Gwyndod project on Anglesey in North Wales, including design activities under the Technology Partner contract signed with Rolls-Royce SMR. The total value of contracts awarded by GBE-N has now reached nearly £900m.


Secondary information

Type
Written question
Reference
24793
Session
2026-27
Subjects
Finance Nuclear power Great British Energy
Contains statistics
Yes
Link
View this Written question on www.parliament.uk