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Impact of Brexit on nuclear industry and energy sector discussed

28 February 2017

The Business, Energy and Industrial Strategy Committee looks at the impact of Brexit on the UK's nuclear industry and wider investor confidence in the energy sector.


Tuesday 28 February 2017, Room 6, Palace of Westminster

At 9.30am: Euratom

  • David Senior, Director of Assurance, Policy and International, Office for Nuclear Regulation
  • Dame Sue Ion, Chair, Nuclear Innovation and Research Advisory Board
  • Tom Greatrex, Chief Executive, Nuclear Industry Association
  • Rupert Cowen, Senior Commercial and Nuclear Energy Lawyer, Prospect Law

At 10.30am: Investor confidence

  • Carol Gould, Head of Power and Renewables, European Investment Banking Division, The Bank of Tokyo-Mitsubishi UFJ
  • Alejandro Ciruelos, UK Head Project & Acquisition Finance, Santander Global Banking & Markets
  • Ian Simm, Chief Executive, Impax Asset Management
  • Kirsty Hamilton, Associate Fellow, Chatham House

Purpose of the session

The Committee examines the implications of the UK's decision to withdraw from the European Atomic Energy Community (Euratom) as a result of the vote to leave the European Union, including what it means for research and development and for future investment in nuclear power.

Looking at the impacts of Brexit more broadly, the Committee then asks representatives of large international banks and investment firms whether there have been any immediate implications following the referendum for securing previously anticipated investment in energy infrastructure. The Committee also examines whether the Government is doing enough to support investor confidence.

Further information

Image: iStockphoto