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Ministers promise £20bn for small nuclear reactors

Ministers will commit £20bn to fund the development of a network of small nuclear power stations, in an effort to meet the government’s 2035 net zero target.

Grant Shapps, the energy secretary, will announce plans to directly fund the development of up to eight small modular reactors in the UK.

It is hoped the first reactors will go into service in the early 2030s, ahead of the government’s target to decarbonise electricity generation by 2035.

The Times (£)
The FT (£)
The Guardian

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