Westminster Energy, Environment & Transport Forum

The UK nuclear industry - prospects for new build developments, project financing and supporting innovative technology

Morning, Tuesday, 15th October 2019

Central London

THIS EVENT IS CPD CERTIFIED



New build - finance, the impact of emissions policy,  and tackling delivery challenges


Delegates will assess future finance models for nuclear new build, including discussion on the potential role of government direct investment alongside private sector investment.


The discussion takes place in the context of the Government consultation reviewing the viability of a Regulated Asset Base model for nuclear - which aims to incentivise private investment into public projects by providing a secure payback and return on investment for developers.


It follows the Department for Business, Energy and Industrial Strategy assessment concluding the model has the potential to maximise value for money for consumers and taxpayers.


The conference will also be an opportunity to consider the wider delivery challenges facing any new nuclear build developments - including local engagement, planning and supply chain competitiveness.


The Government’s announcement of a legislative amendment that would set a target to reduce greenhouse emissions to net-zero by 2050, has renewed interest in nuclear as part of plans to develop low-carbon energy infrastructure.


The Nuclear Sector Deal


Further sessions will examine the impact of the Nuclear Sector Deal in supporting the sector to drive innovation, skills development and improvements in research.


Areas for discussion include plans set out in the Deal to:


  • reduce the cost of decommissioning by 20% by 2030;
  • support the development of the workforce and supply chain through support for smaller companies and gender diversity; and
  • enable the deployment of small modular reactors and the innovative technologies that support them as part of plans to develop potential world-leading nuclear technologies.

Regulation


The seminar also takes place against the backdrop of negotiations to leave the European Union and will be informed by the impact of any possible agreement and ongoing no deal preparation.


Workforce skills and diversity


The agenda also looks at how the UK can improve the development of an appropriate range of skills, and the pipeline of talent, to support nuclear projects - including improving gender diversity in the workforce.



Keynote Speaker

Tom Greatrex

Chief Executive, Nuclear Industry Association

Keynote Speakers

Tom Greatrex

Chief Executive, Nuclear Industry Association

Jamie Reed

Head of Corporate Affairs, Sellafield

Chairs

Liz Saville Roberts MP

Westminster Leader, Plaid Cymru

Trudy Harrison MP

Speakers

Selvin Roberts

Executive Board Member, Women in Nuclear; Development Director, National College for Nuclear and Campus South West Operations Manager, EDF

Patrick Robinson

Partner, Burges Salmon

Fiona Reilly

Managing Director, FiRe Energy; Non-Executive Director, NIA and Chair, Expert Finance Working Group on Small Reactors

Tim Yeo

Chairman, New Nuclear Watch Institute

Andrew Storer

Chief Executive Officer, Nuclear AMRC

Chris Lewis

Partner, EY

Humphrey Cadoux-Hudson

Managing Director, Nuclear Development, EDF Energy

Alan Raymant

Chief Executive, Bradwell B, CGN

Dylan Williams

Head, Regulation and Economic Development, Isle of Anglesey County Council