In reaction to the announcement of up to £1.7 billion of new direct government funding to enable a large-scale nuclear project to take a final investment decision this Parliament, and confirmation of money for small and advanced modular reactors, Tom Greatrex, Chief Executive of the Nuclear Industry Association said,
“This is a big vote of confidence in nuclear and a historic step forward for nuclear investment, with new money for a large-scale project, alongside money for modular reactors to enable future projects.
“We can’t get to net zero without investing in new nuclear capacity, and this is a clear signal from government to investors that it sees nuclear as essential to our clean energy transition. This is not only an investment in a greener future, but also in jobs and skills right across the country.”
About the Nuclear Industry Association
As the trade association for the civil nuclear industry in the UK, the Nuclear Industry Association represents more than 250 companies across the UK’s nuclear supply chain.
For further information, please contact:
Iolo James, Media & Communications Manager