Early days for nuclear SMR sector. Industry needs more certainty on siting and finance before sector moves forward. Small modular reactors (SMRs) are part of the UK’s ambitious nuclear plans, but the technology will need significant government support if it is to have an impact by the 2030s. In April 2022, the government’s British Energy Security Strategy (BESS) set a target of 24GW of installed nuclear capacity by 2050, up from 5.9GW currently. The BESS includes a goal to take … read more »
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