Published On:July 11 2020
Story Viewed 113 Times

Britain to invest $50 million in small nuclear reactor projects.

The British government recently said will invest 40 million pounds ($51 million) in developing and supporting small nuclear reactor projects.

The government said 30 million pounds of funding will go to support three advanced modular reactor (AMR) projects in Oxfordshire, Cheshire and Lancashire in England.

AMRs are smaller than traditional nuclear plants and use intense heat generated in nuclear reactions to produce low-carbon electricity.

They can be used in remote locations thanks to their size, and can produce enough energy to power anything from a small village to a medium-sized city.

The remaining funding will go smaller research, design, and manufacturing projects to create up to 200 jobs, the government said in a statement.

Britain last year set a target to reach net zero emissions by 2050, which will require a huge increase in low-carbon electricity such as wind, solar and nuclear.


OUR OTHER PRODUCTS & SERVICES: Projects Database | Tenders Database | About Us | Contact Us | Terms of Use | Advertise with Us | Privacy Policy | Disclaimer | Feedback

This site is best viewed with a resolution of 1024x768 (or higher) and supports Microsoft Internet Explorer 4.0 (or higher)
Copyright © 2016-2020

Technology Partner  aaRKayeN Solutions