The first budget of the UK Labour Government included decisions related to both the Sizewell C NPP and to plans for small modular reactors (SMRs). However, this was clearly not a high priority in the 170-page budget. The small eight paragraph section on the Department for Energy Security & Net Zero (DESNZ) included just two short paragraphs on nuclear. DESNZ was allocated total funding of £14.1bn ($18.2bn) in 2025-26 up 22.0% from 2023-24. The main paragraph (4.75) notes that “Making … read more »
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