https://sputnikglobe.com/20230102/uk-to-create-90-mln-fund-to-develop-nuclear-fuel-capacity-to-substitute-russian-imports-1105994316.html
UK to Create $90 Mln Fund to Develop Nuclear Fuel Capacity to Substitute Russian Imports
UK to Create $90 Mln Fund to Develop Nuclear Fuel Capacity to Substitute Russian Imports
Sputnik International
The government of the United Kingdom said on Monday that it would create a $90-million fund to develop nuclear fuel capacity, including conversion of recycled uranium, as an alternative to the fuel imported from Russia.
2023-01-02T13:40+0000
2023-01-02T13:40+0000
2023-01-02T13:40+0000
uk fuel crisis
nuclear power
united kingdom (uk)
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According to the government, the fund will aim at creating additional fuel production capabilities and developing advanced technologies in this field, including conversion for freshly mined and reprocessed uranium. Conversion of recycled uranium is currently not available outside Russia, the government added. The UK also plans to allocate part of the funding to stimulate "resilient nuclear fuel market," supporting new jobs and attracting qualified specialists in the area of nuclear energy.
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uk energy dependence on russia, energy crisis in uk, uranium, nuclear energy, conversion of recycled uranium
uk energy dependence on russia, energy crisis in uk, uranium, nuclear energy, conversion of recycled uranium
UK to Create $90 Mln Fund to Develop Nuclear Fuel Capacity to Substitute Russian Imports
MOSCOW (Sputnik) - The government of the United Kingdom said on Monday that it would create a $90-million fund to develop nuclear fuel capacity, including conversion of recycled uranium, as an alternative to the fuel imported from Russia.
"Nuclear fuel production in the UK is set to be bolstered by up to £75 million [$90 million] in UK government funding in a bid to support development of alternatives to Russian fuel supply and strengthen UK energy security," the statement read.
According to the government, the fund will aim at creating additional fuel production capabilities and developing advanced technologies in this field, including conversion for freshly mined and reprocessed
uranium. Conversion of recycled uranium is currently not available outside Russia, the government added.
The UK also plans to allocate part of the funding to stimulate "resilient nuclear fuel market," supporting new jobs and attracting qualified specialists in the area of
nuclear energy.
