Notice

Future Nuclear Enabling Fund (FNEF) (closed to applications)

BEIS is providing up to £120 million in funding to help mature nuclear projects ahead of the government selection process.

From:
Department for Energy Security and Net Zero and Department for Business, Energy & Industrial Strategy
Published
13 May 2022
Last updated
18 July 2023 — See all updates

Documents

Future Nuclear Enabling Fund: application guidance

PDF, 476 KB, 57 pages

Future Nuclear Enabling Fund: clarification questions (final version updated 19 October 2022)

PDF, 359 KB, 39 pages

Future Nuclear Enabling Fund: Annex B - Privacy notice

HTML

Details

Update: 18 July 2023

We have published the Future Nuclear Enabling Fund (FNEF): shortlisted applications.

BEIS is providing up to £120 million in funding to help mature potential nuclear projects ahead of the expected government process to select the next nuclear projects.

The aim of the FNEF is to help industry reduce project risks, so they are better positioned for future investment decisions. The FNEF is targeted at applicants that could be in a position to take a Final Investment Decision (FID) within the next parliament, subject to Value for Money and all relevant approvals.

We expect the fund to support a limited number of nuclear projects through grant funding to be awarded following a competitive process.

The Fund is now closed to applications.

Background

The FNEF was announced in the government’s 2021 Net Zero Strategy: Build Back Greener.

It is the first in a series of government interventions as set out in the 2022 British Energy Security Strategy.

Find out how to apply to the Generic Design Assessment.

Published 13 May 2022
Last updated 18 July 2023 + show all updates

  1. We have added link to the shortlisted applications.

  2. The window for submitting applications for FNEF funding to contribute towards the costs of Generic Design Assessment (GDA) has closed.

  3. The FNEF is now closed to applications.

  4. The deadline for applying to the Fund has been extended to 4 November 2022 at 3pm (this is a correction to the update note of 19 October 2022).

  5. Deadline to register intention to apply to this Fund extended to 28 October 2022 at 3pm; deadline for applying to the Fund extended to 3 January 2022 at 3pm; the guidance has been updated.

  6. Clarification questions added.

  7. Final deadline for applications is now 4 November 2022.

  8. Book now for an online / in-person FNEF Nuclear Fission Regulator Engagement event on 29 September 2022.

  9. We have extended the deadline for submission of clarification questions to 26 September 2022. We will now publish our responses to questions in the week beginning 3 October 2022.

  10. Entry deadline corrected to 2 December 2022, 15:00 GMT, in FNEF application guidance document.

  11. The Future Nuclear Enabling Fund is now open to applications.

  12. First published.

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