Nuclear Consulting Limited

Strategy, Investment and Market Entry

Nuclear investments run for decades and commit billions. NCL’s experts build the strategies and business cases behind them and advise on policy, fuel supply and market entry.

Talk to our team

Aerial representation of the West Burton site

The team includes former national laboratory programme leaders and specialists in policy, the fuel cycle and techno-economic analysis, with experience in the UK, France, Canada and the Middle East.

Practice Services

Corporate and Programme Strategy

Strategy development and feasibility review

We develop and review strategies for nuclear organisations and programmes, assessing their technical, regulatory and commercial feasibility.

Example

Corporate and Programme Strategy

Two years of technical and strategic advice on secondment to a central government research office.

Business Cases and Investment Logic

Including HM Treasury five-case standards

We prepare business cases and funding applications for government and private investment, including cases structured around HM Treasury’s Five Case Model.

Example

Business Cases and Investment Logic

A complete, compliant UK government funding application for a molten salt reactor developer, including the economic assessment of a multi-billion-pound deployment programme.

Policy and Regulatory Frameworks

We develop policy and design regulatory frameworks for government departments, public bodies and countries new to nuclear, including national nuclear governance built from first principles.

Example

Policy and Regulatory Frameworks

Service on the government expert group whose recommendations preceded £230m of financing for a UK SMR programme.

Nuclear Fuel and the Fuel Cycle

Fuel supply strategy, enrichment business cases and advanced fuel policy

We advise on fuel supply and acquisition strategy, enrichment plant business cases and advanced fuel policy, including the security, regulatory and market questions around HALEU and advanced enriched fuels.

Example

Nuclear Fuel and the Fuel Cycle

A HALEU acquisition roadmap and enrichment plant business case for a Western European national programme, submitted to the national presidency. Co-authorship of the report on advanced enriched fuels that preceded the UK future fuels investment decision.

Market and Economic Analysis

What the market will support and at what cost

We provide market sizing, techno-economic analysis, levelised cost benchmarking and deployment economics for vendors, investors and government.

Example

Market and Economic Analysis

A UK market entry assessment for an international SMR and AMR vendor, which shortlisted three preferred sites and produced base-case economics.

Market Entry and Nuclear Readiness

Supplier qualification and market-entry requirements

We help companies enter nuclear markets through supplier qualification, ISO 19443 certification readiness, bid strategy and tender preparation, with market-entry experience in the UK, France and the Middle East.

Example

Market Entry and Nuclear Readiness

Technical and managerial support that took a competent engineering contractor with no nuclear experience through its first nuclear bid and safety case.

Supply Chain Assurance

Licensees assuring the supply chains they depend on

We assess and qualify suppliers, review controls for counterfeit and fraudulent items and identify gaps against licensee requirements.

Example

Supply Chain Assurance

Process capability architect for the national supplier assessment tool used across the UK nuclear supply chain.

Llyn Trawsfynydd with the disused power station on the far shore

Case study

Contribution to Government Advice on SMR Financing

An NCL expert served on the government’s expert group on financing small modular reactors, interviewing vendors and assessing regulatory bottlenecks, site availability and supply chain requirements. The group’s recommendations were published to Parliament.

Related Insights and Practices

Rolls-Royce SMR power station visualisationThe route to a bankable SMR9 October 2026Hands holding a globeAustralia’s nuclear opportunity starts in the supply chain2 June 2026Power transmission lines and industry at sunsetTripling capacity by 2050: where does the money come from?20 January 2026

Related practicesProjects and programmesPeople and organisationWaste, decommissioning and legacy

All consulting practicesDiscuss an assignment

Contact

Speak to our team about your project.

Contact NCL