Kwaqsi Kwarteng has announced £75m to be bid for by companies able to secure a UK nuclear fuel change. Finally, the gummint seems to be serious..
Up to GBP75 million in grants will be awarded to support the development costs of investments into new nuclear fuel capabilities in the UK, supporting a range of reactor types and sizes, including small and advanced modular reactors. The Nuclear Fuel Fund will also support companies to access new markets both domestically and internationally, and preserve and create skills and knowhow in parts of the country – with the sector having a large presence in the Northwest."