US start-up to invest £300m in micro-nuclear plants in South Wales Business A US start-up has announced plans to invest £300m in developing a series of cutting edge micro-nuclear power plants in South Wales. Last Energy intends to bring into service four micro-modular nuclear units on a vacant site in Bridgend Country, which housed the coal-fired Llynfi Power Station until 1977. It estimates the project will create [...]
Rolls Royce closes in on European nuclear reactor deals as UK process delayed Business Rolls Royce is closing in on two deals to build miniaturised nuclear power plants in Sweden and the Netherlands after a successful deal with the Czech Republic announced last week. Rolls-Royce boss Tufan Erginbilgic had warned that the firm would start building small modular reactors (SMRs) in Europe should UK ministers fail to speed up [...]
Why we bought a decommissioned nuclear power station Opinion Seventy years since a Brit first split the atom, it’s time to re-energise our nuclear industry and reclaim leadership in the technology of the future, says Lord Grade Down an unassuming country lane in Gloucestershire, out of the market town of Berkeley and toward the Severn Estuary, lies the site where Britain’s next nuclear power [...]
Rolls-Royce looks to sell stake in small nuclear reactor business August 4, 2024 Rolls-Royce is preparing to sell off a stake in its mini-nuclear power business as it looks to raise fresh funding.
The Notebook: Nuclear power continues to divide, but we need to think about the future July 22, 2024 Kokou Agbo Bloua, Societe Generale’s global head of economics, takes the pen to talk nuclear, climate volatility and the economic outlook.
Election 2024: Starmer to commit Labour to ‘nuclear deterrent triple lock’ June 2, 2024 Sir Keir Starmer will pitch Labour as the “party of national security” as he commits to a “nuclear deterrent triple lock”.
Meltdown and Merlot: enquiries about luxury nuclear bunkers reach record high May 26, 2024 The UK's super rich are enquiring about nuclear bunkers at record levels, according to a leading provider of the apocalyptic safety net.
The Notebook: Anti-Tory voters will make him PM, but Starmer needs more to make him a leader May 21, 2024 Anti-Tory voters will be enough to make Keir Starmer Prime Minister, but he'll need pro-Labour - and pro-Keir - ones to keep him there.
Newcleo starts plans to ‘decarbonise oil and gas’ and go nuclear instead March 5, 2024 Newcleo is seeking to raise an additional £855m in equity this year to expand its nuclear project pipeline