Small Modular Reactors: Newcleo
The question
To ask the Secretary of State for Energy Security and Net Zero, if he will publish a lessons learned review relating to the decision of Newcleo not to pursue its investment in nuclear reactors in the UK.
Answered by Michael Shanks
Newcleo Ltd’s decision to suspend its advanced nuclear activities in the UK was a commercial decision for the company. Government will not be publishing a lessons learned review into this matter.
It was announced in the 2025 Spending Review that the Government would provide a pathway for privately-led advanced nuclear projects, with Great British Energy - Nuclear having a role in assessing proposals, the National Wealth Fund exploring potential investable opportunities and the Department for Energy Security and Net Zero exploring revenue support for viable projects. This will be published in a framework document shortly.
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