UK and US unveil nuclear energy deal promising thousands of jobs
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UK and US unveil nuclear energy deal promising thousands of jobs
"The move is expected to generate thousands of jobs and strengthen Britain's energy security. It is expected to be signed off during US President Donald Trump's state visit this week, with both sides hoping it will unlock billions in private investment. Prime Minister Sir Keir Starmer said the two nations were "building a golden age of nuclear" that would put them at the "forefront of global innovation"."
"The new agreement, known as the Atlantic Partnership for Advanced Nuclear Energy, aims to make it quicker for companies to build new nuclear power stations in both the UK and the US. It will streamline regulatory approvals, cutting the average licensing period for nuclear projects from up to four years to just two. The deal is also aimed at increasing commercial partnerships between British and American companies, with a number of deals set to be announced."
"Key among the plans is a proposal from US nuclear group X-Energy and UK energy company Centrica to build up to 12 advanced modular nuclear reactors in Hartlepool, with the potential to power 1.5 million homes and create up to 2,500 jobs. The broader programme could be worth up to 40bn, with 12bn focused in the north east of England."
The UK and US will sign the Atlantic Partnership for Advanced Nuclear Energy to accelerate nuclear power development and unlock private investment. The agreement will shorten regulatory approvals, reducing average licensing from up to four years to about two, and will increase commercial ties between British and American companies. Proposed projects include up to 12 advanced modular reactors in Hartlepool by X-Energy and Centrica, potentially powering 1.5 million homes and creating 2,500 jobs, and a micro modular reactor at London Gateway backed by £80m. Plans also include repurposing Cottam into a nuclear-powered data centre hub worth about £11bn and creating thousands of construction jobs.
Read at www.bbc.com
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