Britain to invest $50 million in small nuclear reactor projects

The UK government plans to invest 40 million pounds ($51 million) in developing and supporting small nuclear reactor projects.

According to the government, 30 million pounds funds will be used to support three advanced modular reactor (AMR) projects in Oxfordshire, Cheshire and Lancashire in England. AMRs are smaller than traditional nuclear plants and use intense heat generated in nuclear reactions to produce low-carbon electricity. The remaining funding will go smaller research, design, and manufacturing projects.



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