Government awards £196m to support development of advanced nuclear fuels plant

Michael Holder
clock • 4 min read
(L-R) Urenco CEO Boris Schucht and Energy Security and Net Zero Secretary Claire Coutinho | Credit: DESNZ
Image:

(L-R) Urenco CEO Boris Schucht and Energy Security and Net Zero Secretary Claire Coutinho | Credit: DESNZ

Urenco to co-fund uranium enrichment facility in Cheshire that aims to produce fuel for powering advanced reactors and challenge Russia's dominance of the market

Urenco has been awarded £196m in government funding to help develop the UK's first advanced nuclear fuel production facility in Cheshire, which is expected to begin producing fuel for both domestic and...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Nuclear

'Once in a generation opportunity': UK nuclear manufacturing set to benefit from £100bn investment drive

'Once in a generation opportunity': UK nuclear manufacturing set to benefit from £100bn investment drive

High Value Manufacturing Catapult says manufacturers face ‘narrowing window’ to meet growing demand for nuclear technologies

James Murray
clock 08 July 2026 • 3 min read
'Pivotal moment': OECD warns urgent action required to meet global nuclear goals

'Pivotal moment': OECD warns urgent action required to meet global nuclear goals

New report reveals momentum behind new nuclear projects is building, but industry faces significant financing, supply chain, and skills challenges if it is deliver on target to triple capacity by 2050

James Murray
clock 02 July 2026 • 3 min read
SGE submits plans for 4.2GW UK small modular nuclear reactor fleet

SGE submits plans for 4.2GW UK small modular nuclear reactor fleet

Fleet of 14 small modular reactors could power almost eight million UK homes, developer claims

Stuart Stone
clock 02 July 2026 • 5 min read