Contributions
1,496 recent contributions in Hansard
HANSARDNuclear Energy (Financing) Bill (Second sitting)Q That means your actual construction period at the end of that will be about four years. Alan Woods: We would actually start building ahead of that, because the GDA process…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Q How long do you estimate that process will take? Alan Woods: Our next phase of the programme is for the next three and a half to four years, which will get us to the end of GDA…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Q Does the new reactor that that would involve have to go through the generic testing and approval process? Alan Woods: Yes; all new plants that come to the UK have to go through…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Q Mr Woods, you mentioned your timescale for the delivery of the first of their kind of SMRs, which I presume will be the 470 MW Rolls-Royce SMR. That, as a matter of interest, is…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Q Richard, you said earlier that under a CfD model, consumers do not pay anything regardless of overruns other than what they committed to pay through the CfD strike price,…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Thank you.16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Q Thanks very much for that. I am sure you understand, having looked at the Bill, that the mechanism that is in place at the moment for the sort of overruns you mentioned is a…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Q 60 Good afternoon, Richard. I will start the questioning by asking you to reflect on your consumer protection role at Citizens Advice and how you feel that the regulated asset…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (First sitting)Q Is it your view that the present workforce in Hinkley understand that possible process, and that they have, in principle, a willingness to relocate should that sort of model go…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (First sitting)Q Good morning, everybody. I would like to start with Sue. As you will know, we have had quite a lot of dialogue about Springfields nuclear fuels, the role that Springfields…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (First sitting)Q I think you would appreciate that the whole question of what RAB saves over a period of time depends on that hurdle rate? Julia Pyke: Indeed, it does depend on the hurdle rate,…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (First sitting)Q But you would perhaps conclude that at least you can go to a 6% hurdle rate, if not better? Julia Pyke: I would conclude no such thing. What investors choose to bid will be a…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (First sitting)Q No. I take it from the impact assessment that they are trying to price in, if at all possible, what they regard as the almost inevitable optimism bias in terms of initial…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (First sitting)Q Yes, but they have used that with what the impact assessment calls an “optimism bias assumption” behind it. What is your view of the optimism bias assumptions that you might…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Q Forgive me for being a little surprised, but the Nuclear Industry Association does not know any more than the rest of us about what this funding is supposed to be for. Is that…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Q Not a happy state of affairs, is it? Tom Greatrex: Well, I hope that there will be clarity on that and other aspects of what has been announced by the Government in recent…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (Second sitting)Q Mr Schneider, are you able to tell us anything about the experience in the United States of using RAB arrangements for nuclear plant development? I am thinking in particular of…16 Nov 2021HANSARDNuclear Energy (Financing) Bill (First sitting)Q Charlotte and Simon, you have been very involved in union representation at Hinkley Point C, and in the discussions on the transfer of skills and labour from Hinkley Point C, as…16 Nov 2021HANSARD Nuclear Power FundingI have been confused in the past with Phillip Whitehead, the MP from some while ago, and also I have been called Alan Whitehouse on a number of occasions, which is a slightly less…09 Nov 2021HANSARDFireworks: Sale and UseI hope that the Minister will not conclude his remarks on the question of evidence-based activities without saying where the report he mentioned last year actually is, and what he…08 Nov 2021