The report based its conclusion largely on lab tests and some animal experiments and called for further experiments before patients are treated.
"Until a healthy baby is born, we cannot say 100 percent that these techniques are safe," said Dr. Andy Greenfield, who chaired the expert panel behind the report.
The techniques are meant to stop mothers from passing on potentially fatal genetic diseases to their babies and involve altering a human egg or embryo before transferring it into a woman.
If approved, Britain would become the first country in the world to allow embryos to be genetically modified this way.
Critics have described the research as unethical and warn the novel technology has unknown dangers.
"Safety is not a straightforward issue," Greenfield said, comparing the ongoing debate to qualms about in vitro fertilization in the 1970s before the first test tube baby was born.
Experts say that if approved, these new methods would likely be used in about a dozen British women every year, who are known to have faulty mitochondria (the energy-producing structures outside a cell's nucleus).
Defects in the mitochondria's genetic code can result in diseases such as muscular dystrophy, heart problems and mental retardation.
The techniques involve removing the nucleus DNA from the egg of a prospective mother and inserting it into a donor egg, where the nucleus DNA has been removed. That can be done either before or after fertilization.
