United Kingdom: Next Steps to a Nuclear Rab

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The UK government released new details this week on the recently enacted nuclear regulated asset base (Rab) law, but key aspects of the mechanism meant to encourage private investment in nuclear newbuilds remain murky. While details released by the department of Business, Energy and Industrial Strategy (Beis) provide more clarity on how the Rab-enabled project will be approved, exact allocations of construction risk between investors, ratepayers and taxpayers remain unclear, as does the role of the Great British Nuclear (GBN) organization the government announced last week.

Nuclear, Nuclear Newbuilds, Nuclear Policy
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