Nuclear Power Will Play A Key Role In The UK’s Energy Transition | OilPrice.com

- Feb 17, 2023, 1:00 PM CSTNew build projects bring real economic benefits and can help transform the life chances of people in nearby communities.

Coupled with the progress being made in decommissioning, projects like this have helped develop UK industrial skills and capabilities across the supply chain. Without a clear nuclear strategy, the UK will become less competitive globally as organisations like Google and Microsoft, whose servers are power-hungry, will move to countries where they can site Small Modular Reactors to power their servers he says.

Dr Stone continued, “countries like China and America are leading the world in ramping up their nuclear energy capacity, other countries like Canada and Australia are also “waking up to it” while sadly, the UK is rapidly falling behind the rest of the world.For 65 years, nuclear power has been an integral part of the UK’s electricity system, providing low carbon and reliable power to UK homes, public services and businesses.

There is also a significant opportunity for the sector to be world leaders in the development of Small Modular Reactors, a global market which could be worth hundreds of billions of pounds.

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