Budget to back carbon capture and new nuclear project spend. Chancellor Jeremy Hunt is expected to set out plans in this week’s budget to ramp up investment in carbon capture projects and press ahead with selecting sites for a new generation of small modular nuclear reactor projects. The Chancellor will also announce plans to boost nuclear power generation through the formation of Great British Nuclear, launching a competition for the first-generation small modular nuclear reactors. Highlighting the fresh plan, Energy … read more »
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