Financing Sizewell C: The RAB Model with Julia Pyke PT2

Our host, Stuart Broadley, sits down with Julia Pyke, Managing Director of Sizewell C, for a special two-part edition of the EIC Clearly podcast. In Part Two, Julia and Stuart take a deep dive into the regulated asset base (RAB) financing model and what it means for delivering one of the UK’s most critical energy infrastructure projects.

Julia explains why traditional contract-for-difference models proved unfinanceable for new nuclear, how the RAB approach changes risk allocation between investors and consumers, and why schedule discipline and productivity are the real drivers of cost control.

The conversation also explores what Sizewell C needs from its supply chain, how companies can engage with the project, and why local skills development, social value, and culture are central to procurement decisions.