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Britain’s Energy Secretary Follows Tech Giants In Pursuit Of New Nuclear Power Stations

the government is “determined to drive forward” with nuclear power through both public and private investment, despite this being a period of “immense challenge for the public finances.”

Miliband was speaking in London on Thursday at the Nuclear Industry Association’s Nuclear 2024 conference, where he told the audience that their industry has an essential role to play in the U.K.’s pursuit of achieving a [ ?] clean power system by 2030.

Robert Olsen,  Forbes 7th Dec 2024

British Energy Secretary Ed Miliband has been watching U.S. tech companies striking deals with operators and developers of nuclear power plants, and now he’s eager to pursue similar projects in the U.K.

“My message is clear: if you want to build a nuclear project in Britain, my door is open,” Miliband said. “My department is listening. We want all your ideas for projects that can work and provide value for money.”

Miliband was speaking in London on Thursday at the Nuclear Industry Association’s Nuclear 2024 conference, where he told the audience that their industry has an essential role to play in the U.K.’s pursuit of achieving a [ ?] clean power system by 2030.

He said the government is “determined to drive forward” with nuclear power through both public and private investment, despite this being a period of “immense challenge for the public finances.”

Great British Nuclear (GBN), the government body tasked with spearheading the development of small modular reactors (SMRs), has started contract negotiations with four companies shortlisted for the U.K.’s small modular reactor program, and final decisions will be made next year.

Britain’s Rolls-Royce is competing with U.S.-based rivals GE Hitachi, Holtec and Westinghouse Electric for contracts to develop SMRs in the U.K. The competition was launched last year, as part of the government’s plan to replenish the country’s dwindling nuclear industry………………………………..https://www.forbes.com/sites/robertolsen-1/2024/12/07/britains-energy-secretary-follows-tech-giants-in-pursuit-of-new-nuclear-power-stations/

December 9, 2024 - Posted by Christina Macpherson | politics international, technology, UK