The UK named four companies, including a division of Rolls Royce Plc, to proceed to the next stage of a contest to build the country’s first small modular nuclear power plant, a potentially key technology for reaching net-zero emissions.
UK Prime Minister Rishi Sunak is committing hundreds of millions of pounds over the next decade to Britain’s nuclear deterrent and energy infrastructure as part of a “critical national endeavour” to safeguard the industry and protect the country.
Today Westinghouse Electric Company announced they have signed a contract with Jadrová a vyraoovacia spolocnost (JAVYS) for the dismantling of the reactor coolant systems of two VVER-440 units at the Bohunice V1 Nuclear Power Plant in Slovakia. The project is financed by the European Bank for Reconstruction and Development (EBRD).
Official numbers published today by the Digest of UK Energy Statistics tell the story of UK energy generation last year, with more than one fifth (21%) coming from nuclear power.
With Trump at the helm, sentiment gives way to practicality in the energy industry. For the vast untapped potential of the nuclear energy industry and the uranium that feeds it, this could contribute to a market-disrupting revival that no longer bows to fear and the politics of economy.
Plans for the first UK nuclear power plant in a generation are set to be given a boost today with confirmation of Chinese investment in the multi-billion pound scheme.
Fusion reactors could become an economically viable way of generating electricity within decades and replace traditional nuclear power or fossil fuels, scientists have said.
The Government is being urged to intervene to speed up a final decision on when a new nuclear power station will be built in the UK or leave the country facing the “very real prospect” of power cuts.
Momentum is building towards a new world of sustainable energy, one where there will be heavy emphasis on renewables. But while some technologies such as wind turbines and photovoltaics are increasingly commonplace, marine renewables remain in relative infancy.