17.10.2017_No207 / News in Brief

UK Announces Plans To Invest £460 Million In Nuclear Energy

Policies & Politics

17 Oct (NucNet): The UK government has put forward key proposals for decarbonising all sectors of the country’s economy through the 2020s, including investing £460m (€517m, $611m) in the nuclear energy sector to support work in areas including future nuclear fuels, new nuclear manufacturing techniques, recycling and reprocessing, and advanced reactor design.

The Hartlepool nuclear station in the UK. Photo courtesy EDF Energy.

The government’s ‘Clean Growth Strategy’, which explains how the country can benefit from low-carbon opportunities while meeting commitments to tackle climate change, says the costs of nuclear power need to be brought down through developing new materials and manufacturing processes, and exploring the opportunities of new fuels and reactor designs.

The strategy says the UK will deliver new nuclear power through the Hinkley Point C station under construction in England and will hold discussions with developers to secure a competitive price for nuclear projects in the pipeline.

The strategy says it could be possible to increase low-carbon sources such as renewables and nuclear to over 80% of electricity generation – up from around 45% today – and phase out unabated coal power.

The strategy is online: http://bit.ly/2g8lUj6

Related reports in the NucNet database (available to subscribers):

Source: 

NucNet

Editor:

David Dalton

© NucNet a.s.b.l Brussels, Belgium