April 8

UK funds Hartlepool nuclear reactor project

0  comments

[[{“value”:”

Plans for constructing reactors in Hartlepool have secured a substantial multimillion-pound investment.

Hartlepool is poised to accommodate a collection of mini nuclear reactors within the next ten years.

This funding has been allocated to engineering group Babcock to assess the project’s feasibility.

Additionally, X-Energy and Cavendish Nuclear have obtained funding from the Future Nuclear Enabling Fund to develop small modular reactors, promising advancements in nuclear power technology.

The government is considering proposals for the construction of a new large scale nuclear plant, despite concerns about delays affecting current projects.

Ministers assert that this initiative would mark the most significant expansion of the sector in 70 years, aiming to diminish reliance on overseas energy sources.

They project that the new plant would quadruple energy supplies by 2050.

The post UK funds Hartlepool nuclear reactor project appeared first on Energy Live News.

Source: Energylivenews.com

Take the Survey at https://survey.energynewsbeat.com/

1031 Exchange E-Book

ENB Top News 
ENB
Energy Dashboard
ENB Podcast
ENB Substack

The post UK funds Hartlepool nuclear reactor project appeared first on Energy News Beat.

“}]] 

​Energy News Beat 


Tags


You may also like

Treasury Yield Curve Un-Inverts Entirely, as Long-Term Yields Rise while Short-Term Yields Stay Put, No Longer Pricing in Rate Cuts. Mortgage Rates back Above 7%

Treasury Yield Curve Un-Inverts Entirely, as Long-Term Yields Rise while Short-Term Yields Stay Put, No Longer Pricing in Rate Cuts. Mortgage Rates back Above 7%