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Dutch government sets many $millions in funding for nuclear power , and to encourage investors in nuclear

Power Magazine, 1 June 23

Government officials in the Netherlands have earmarked more than $350 million to fund further development of nuclear energy in the country, including extending the operating license of the 485-MW Borssele nuclear power plant. The Borssele station at present is the Netherlands only nuclear power facility. Officials in late April released a draft of the “Climate Fund for 2024” that included money for the Borssele extension, along with two new large-scale reactors and a development plan for small modular reactors (SMRs). The draft also said millions of dollars were being set aside to help develop a nuclear power workforce in the Netherlands.

……………………………………………….The draft budget provides more support for development of SMRs, with about $72 million to bring more interest from nuclear power investors.

……………………………….Amsterdam-based ULC-Energy in August of last year signed an agreement with the UK’s Rolls-Royce SMR for collaboration on SMR deployment in the Netherlands……………………………………………….. https://www.powermag.com/dutch-officials-set-funding-for-nuclear-power-program/

June 3, 2023 - Posted by | business and costs, EUROPE

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