Britain is investing over 200 million pounds in constructing the first nuclear high-assay low-enriched uranium (HALEU) production plant in Europe.
This move comes as part of efforts to achieve climate goals and enhance energy security. The new fuel type will be essential for powering the next generation of nuclear energy projects.
According to a statement, “As part of efforts aimed at achieving climate goals and enhancing energy security, Britain aims to increase the capacity of its nuclear energy to 24 gigawatts by 2050, which is approximately a quarter of the forecasted electricity demand, up from approximately 14% today.”
Andrew Bowie, Britain’s Minister for Nuclear Energy and Renewable Energy, emphasised the necessity of HALEU fuel for the new modular reactor type, indicating that having more of this technology in Britain would mean the ability to meet demand from domestic sources.
Britain has allocated £196 million to Urenco, a uranium enrichment company, for the construction of the plant in Cheshire, northwest England, which will provide around 400 jobs. The new plant is expected to be operational by 2031, producing fuel for domestic use or export.
Many firms developing modern nuclear reactors rely on HALEU, with TENEX, a subsidiary of the Russian state energy company Rosatom, being the primary commercial fuel provider currently.
HALEU is enriched to levels of up to 20%, compared to the 5% enrichment level of uranium used in most existing nuclear power plants.
With Western countries seeking to reduce energy imports from Russia, following its invasion of Ukraine, there is a growing interest in domestically produced alternatives.
American company Centrus Energy has begun producing small quantities of this fuel and plans to scale up production, while French company Orano is considering building a plant in the United States.
The investment in this cutting-edge nuclear fuel production facility underscores Britain’s commitment to advancing its nuclear energy sector, meeting climate targets, and enhancing energy independence. As the world transitions towards cleaner energy sources, such initiatives are crucial for ensuring a sustainable and secure energy future.
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