Research Briefing
Nuclear Energy (Financing) Bill
The Nuclear Energy (Financing) Bill is a government bill which completed all its stages in the House of Commons on 10 January 2022. It would introduce the regulated asset base (RAB) as a way of financing new nuclear power stations. Under a RAB, an economic regulator is given the power to levy a charge on consumers, the proceeds of which go towards financing the new infrastructure. At the time of writing, a date for second reading in the House of Lords has not been set.