The Government have just announced a significant step forward in British nuclear power. This is great news for the country and for our region - we already have the world's first nuclear fusion power plant being built in North Nottinghamshire, advanced Small Modular Reactors (SMR) are being developed at Rolls Royce in Derby, and they are building the reactors for the new fleet of AUKUS nuclear submarines. Bringing even more skilled jobs and prospects into the East Midlands, increasing our energy security for the future and bringing down bills.
Today's announcement includes;
- £157 million for nuclear technology development
- Provide up to a quarter of the UK’s electricity from homegrown nuclear by 2050
- Remain committed to mega nuclear projects like Hinkley Point C and Sizewell C, supporting high skilled energy jobs as we grow the economy
The aim is to have up to a quarter of all the UK’s electricity coming from nuclear energy – a clean, safe, reliable, and abundant supply of homegrown energy. That’s up to 24 gigawatts of electricity coming from nuclear, enough to power 24 million homes across the country and driving down our energy bills.
Read more: British nuclear revival to move towards energy independence - GOV.UK (www.gov.uk)