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- UK pours £330M into nuclear fuel to cut energy reliance on Russia
Posted by : Brij Bhushan
Monday, 8 January 2024
The UK will become the first European country to launch a programme for high-tech uranium production — aiming to cut reliance on imports from Russia for the development of next-gen nuclear reactors. Specifically, the government is investing £300mn (€348mn) in high-assay low-enriched uranium (HALEU) in a bid to “push Putin out of the global energy market.” HALEU — which is currently commercially produced only in Russia — is necessary to power the next generation of advanced nuclear reactors. The government believes that advanced modular reactors, such as small modular reactors (SMRs), will play a key role to the UK’s nuclear…
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