The UK Government has announced £40 million of funding for nuclear energy technology.
Around £30 million will finance three advanced modular reactor (AMR) projects in Oxfordshire, Cheshire and Lancashire – these AMRs are far smaller than traditional nuclear plants and use the heat generated in nuclear reactions to produce low carbon electricity.
Thanks to their size, they can be deployed at remote locations, producing enough energy to power anything from a small village to a medium-sized city.
The remaining £10 million will be invested into smaller research, design and manufacturing projects to create up to 200 jobs.
Minister for Business and Industry, Nadhim Zahawi, said: “Advanced modular reactors are the next step in nuclear energy and have the potential to be a crucial part of tackling carbon emissions and climate change.”