UK Invests $380M in Nuclear Fuel Production to Counter Russia's Energy Dominance
The high-tech HALEU program aims to supply the world with specialized nuclear fuel, creating jobs in northwestern England and contributing to a quarter of the UK's electricity needs by 2050.
- The UK government is investing over $380 million in a high-tech nuclear fuel production program (HALEU) to reduce dependence on Russia.
- The HALEU program will enable the UK to supply the world with specialized nuclear fuel and further isolate Russia.
- The program will produce enriched uranium, necessary for the operation of next-generation reactors, providing jobs and investment in northwestern England.
- The investment is part of plans to provide up to 24 GW of clean and reliable nuclear power by 2050, which is a quarter of the UK's electricity needs.
- An additional 10 million pounds (more than 12.7 million U.S. dollars) will be allocated to develop skills and sites to produce other advanced nuclear fuels.