- NEWS Desk Global
BRITAIN WILL BUILD EUROPE'S FIRST NEXT GENERATION NUCLEAR FUEL FACILITY
Britain is making a significant investment of nearly £200 million to establish Europe's inaugural facility for producing high-assay, low-enriched uranium (HALEU). This specialized fuel is deemed essential for powering the upcoming generation of nuclear energy initiatives. The development of HALEU is a strategic move aimed at meeting climate objectives and enhancing energy security.
In alignment with its climate targets and energy goals, Britain aims to boost its nuclear power capacity to 24 gigawatts by 2050. This expansion would represent approximately a quarter of the projected electricity demand, a significant increase from the current 14% contribution. The country envisions deploying new advanced reactors, which may require the use of HALEU fuel, thus underscoring the necessity of establishing production capabilities for this specialized nuclear fuel.