Britain to invest 300 million pounds in next-generation nuclear fuel programme
London, Jan. 7 (BNA): Britain said it plans to spend 300 million pounds ($380 million) on a new programme to produce advanced nuclear fuel suitable for the next generation of power-generating reactors.
The British Department for Energy Security and Net Zero said in a statement that the first production plant is scheduled to start operating by the early 2030s in northwest England, Reuters reported.
Britain was one of over 20 countries - including the United States, France and South Korea - that recently signed a pledge to triple global nuclear capacity by 2050 as part of international efforts to cut climate-damaging carbon emissions.