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‘Nuclear renaissance’ promised as Government banks on small reactors plan

July 18, 2023
Source: standard.co.uk standard.co.uk
News Snapshot:
T he UK will lead a “renaissance” on nuclear energy, Grant Shapps has promised, as the Government floated a potential £20 billion plan backing the development of smaller scale nuclear technology projects. Ministers have promised grants of up to £157 million to several projects across the UK, as well as a separate competition for businesses to develop new nuclear reactors. From Tuesday, companies will be able to sign up with a new arm’s-length Government body, Great British Nuclear. Mr Shapps, speaking at the body’s launch in central London, bemoaned decades of decline in the nuclear industry and anti-nuclear campaigning, as...
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