£200m nuclear scheme ‘to cut bills and boost diversity’
A £200MILLION plan to slash the cost of nuclear energy and encourage more women to work in the industry has been launched by the Government.
Ministers said the nuclear sector deal would lead to cheaper energy bills as project costs are driven down.
The initiative includes up to £44million for research and development for new reactors, a £40million thermal hydraulics facility in North Wales and £86million to back the UK Atomic Energy Authority’s Science Centre in Culham, Oxon. A recruitment drive will also aim to boost the number of women in the sector, from 22% to 40% by 2030. Business and Energy Secretary Greg Clark said: “The UK is the home of civil nuclear technology and with this investment, I want to ensure that we remain the world leader.”