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Monday, 05/16/2022 1:49:27 PM

Monday, May 16, 2022 1:49:27 PM

Post# of 95104
Support for Wylfa from Anglesey's economic chief amid call for secure funding model
4th October 202

During the Welsh Affairs Committee meeting Declan Burke, director of nuclear projects and development at the Department of Business, Energy and Industrial Strategy, (BEIS), said they were looking at the Regulated Asset Base (RAB) model where revenue is made by the investors while construction is taking place due the huge cost and long period of capital investment.

Coming from consumers and/or taxpayers ahead of the plant being completed, he adde“We absolutely think nuclear would be a very critical part of Net Zero but it does need to work for the taxpayer perspective as well.”



Read entire article- it is very interesting
https://www.northwaleschronicle.co.uk/news/19622698.support-wylfa-angleseys-economic-chief-amid-call-secure-funding-model/