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Nuclear Reactors: Finance

Asked by Mr Gregory CampbellDemocratic Unionist PartyDepartment for Energy Security and Net ZeroTabled Answered 13 January 2025UIN 22255

The question

To ask the Secretary of State for Energy Security and Net Zero, whether he plans to replace the Advanced Nuclear Fund after March 2025.

Answered by Michael Shanks

The Advanced Nuclear Fund (ANF) concludes at the end of the current Spending Review Period in March 2025.

All future plans for nuclear innovation will be considered as part of multi-year Spending Review.

The Government remains committed to nuclear power as a key part of our clean power plans and research and development are a critical part of this commitment.

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