Mr John Whittingdale (Maldon) (Con): Will the Secretary of State confirm that it is the Government’s ambition that this should be the first of a series of investments in new nuclear generation? What are the Government doing to attract other potential investors who may be persuaded to look at designated sites, such as Bradwell-on-Sea in my constituency, which is already a model of successful decommissioning?
Mr Davey: Yes, we envisage a series of new nuclear power stations being built. I and other members of the Government have, on various trips, engaged in commercial diplomacy, meeting potential investors and nuclear companies in other countries, and there is huge interest in the nuclear market. When German companies RWE and E.ON put the Horizon consortium on the market everyone said, “This is a disaster. It shows that nuclear policy isn’t working.” Far from it. We had huge interest from around the world. Hitachi ended up paying nearly £700 million for the privilege of having the consortium, even before it had got its reactor design through the generic design assessment. That is the level of interest and the vote of confidence in our policy.
