Executive Tom News Today

The Nuclear Industry Association has applied to the UK government for a justification decision for Newcleo's lead-cooled fast reactor, the LFR-AS-200. Such a decision is required for the operation of a new nuclear technology in the country.

Britains Hybrid Air Vehicles , a company aiming to make flying on a giant helium-filled aircraft a reality before the end of the decade, said on Thursday it had started the process for gaining...

Rolls-Royce SMR has awarded a contract to Westinghouse for the development of a fuel design for its small modular reactor. Meanwhile, it has partnered with the UK's National Physical Laboratory to investigate safe automated reactor operation for SMRs.

UK Energy Minister Greg Hands has opened one of three new training centres to support the Hinkley Point C project in Somerset. Together with existing facilities and investment into education and skills, the centres will be ready to help local people join the additional 4000 workers needed for the next phase of the plant's construction.

The Nuclear Energy (Financing) Bill, which will use the Regulated Asset Base model to fund future nuclear power stations in the UK, has today been set out by the country's Business Secretary Kwasi Kwarteng. The new funding model is expected to attract a wider range of private investment into new nuclear power projects, cutting the cost of financing them and reducing the cost to consumers.

This is a 66 per cent growth from Sh655.88 million in 2019 according to the Association of Kenya Insurers.

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