⚡| £120M Fund to secure our energy supply and boost cutting-edge nuclear projects opens for business

⚡| £120M Fund to secure our energy supply and boost cutting-edge nuclear projects opens for business

Key Points

👉£120 million Future Nuclear Enabling Fund

👉Designed to unlock and accelerate new nuclear technologies while encouraging new players into the market opened on May 13th.

👉The Future Nuclear Enabling Fund (FNEF) will help to realise the government’s ambition to approve 8 new reactors by 2030

👉It will provide targeted, competitively-allocated government grants which will help nuclear construction projects, including small modular reactors, to attract the private investment they need to help make them a reality

👉All awards from the Future Nuclear Enabling Fund will be subject to robust eligibility and evaluation criteria and value for money assessments.

To find our more, visit the government website: https://www.linkedin.com/feed/update/urn:li:activity:6931887232970579968

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