The government has confirmed an early financing deal to develop a next generation nuclear reactor for a new station in Hartlepool. Joint recipients today of £3.34 million from the Future Nuclear Enabling Fund are a wholly-owned UK offshoot of privately held US nuclear technologists X-Energy Reactor, and Cavendish Nuclear, the wholly-owned subsidiary of Babcock International. X-Energy will chip in an equivalent sum. The pair want to develop a 12-reactor plant on Teesside, to be ready by the early 2030s. … read more »
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