Gov’t Announces Plans To Explore New Financing Model :: The Independent Global Nuclear News Agency: New nuclear power plants could be rolled out under a new financing model and government investment to decarbonise the UK’s energy sector, the British government has announced.
The government today set out proposals to explore the use of the regulated asset base (RAB) approach to attract “significant private investment” for future nuclear power in the UK.
The government said the RAB financing approach, already used in major UK infrastructure projects like the Thames Tideway Tunnel sewer project, could reduce the cost of financing infrastructure and risk for developers while limiting the impact on consumers’ bills in the long-term.
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