Extract from Queen's Speech debate (Lords): Rolls-Royce - May 16

Lord Haworth (Lab):...What has happened in the last 15 years? One new nuclear plant is being built, at Hinkley Point, but it is not yet finished. There is a plan of sorts to build a second new plant at Sizewell, but it still awaits planning permission. It is not exactly impressive; it is a very British way of stumbling forward and hoping for the best, and hoping that signals from the Government will result in energy firms coming forward with active plans, which is a policy failure on an almost epic scale. So I welcome the initiative that the Government have finally taken and look forward to the energy security Bill finally ending the laissez-faire approach to these matters. I welcome the commitment to provide up to £1.7 billion of direct government funding to enable one major nuclear project to reach a final investment decision in this Parliament. I welcome the investment of £100 million to Sizewell C, and the commitment to invest £210 million to develop small modular reactors with Rolls-Royce ...