Designation of NNB Generation Company (SZC) Limited: draft reasons. This sets out the Secretary of State’s draft reasons for designating NNB Generation Company (SZC) Ltd, under the Nuclear Energy (Financing) Act 2022. The Nuclear Energy (Financing) Act established the legislative framework for the nuclear Regulated Asset Base (RAB) model to support the design, construction, commissioning, and operation of new nuclear energy projects, creating an additional method for funding future nuclear projects. The first step in potentially allowing a nuclear company … read more »
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