The UK government has announced the release of GBP120 million (USD146 million) in funds to encourage the development of new nuclear energy projects, stimulate industry competitiveness, and unleash investment across the UK. The Future Nuclear Enabling Fund (FNEF) will contribute to the government’s goal of approving eight additional reactors by 2030. The fund is intended to “unlock and expedite novel nuclear technology while encouraging new market participants,” according to the government. “It would give targeted, competitively allocated government funds to … read more »
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