Innovative and mundane

UK announces £40 million funding for modular reactor projects

The UK has announced £40m of funding to “unlock thousands of green jobs” by developing the next generation of nuclear energy technology, with £30m of the total going to support three small modular reactor projects.

The government said the £30m will speed up the development of three SMR projects in the UK and “drive them closer towards supplying low-carbon energy to the nation”.

The remaining £10m will be invested in smaller research, design, and manufacturing projects.

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