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Read our latest report28 June 2018
Today the UK Government announced a new deal with the civil nuclear industry including commitments to support the country’s nuclear fuel capability and help progress the development of micro nuclear reactors.
Commenting on the announcement, Urenco Chief Executive Officer, Thomas Haeberle, said:
“Urenco welcomes today’s announcement by the UK Government which shows clear support for the UK’s nuclear fuel capability, micro nuclear reactors and advanced manufacturing, and ensures that the country maintains its global leadership in the nuclear sector.
'Domestic nuclear fuel capability is of key importance for the country’s energy security as well as the retention and development of highly skilled jobs in the UK. It also makes a strong contribution to the economy both nationally and regionally. Urenco is well positioned to supply all the new nuclear build programmes across the country, with a reliable supply of enrichment services and fuel cycle products for the entire lifetime of these reactors.
'We are enthused by the Government reaffirming its backing of the UK nuclear fuel industry internationally. This support boosts the robustness of the UK’s fuel offering to international markets and helps to ensure that the country continues to act as a global leader in this sector.
'We, along with our consortium partners, are also delighted that our micro nuclear reactor, U-Battery, has received the green light to progress to Phase 1 of the Government’s AMR Programme. During Phase 1 we will produce a feasibility study, which will make the commercial and technical case for U-Battery. Urenco is looking forward to using its high tech capabilities to play its part in fuelling this next generation of reactors, which deliver a low-carbon solution to address the energy and decarbonisation challenges in the UK and global markets.”
About Urenco
Urenco is an international supplier of enrichment services and fuel cycle products with sustainability at the core of its business. Operating in a pivotal area of the nuclear fuel supply chain for 50 years, Urenco facilitates zero carbon electricity generation for consumers around the world.
With its head office near London, UK, Urenco’s global presence ensures diversity and security of supply for customers through enrichment facilities in Germany, the Netherlands, the UK and the USA. Using centrifuge technology designed and developed by Urenco, and through the expertise of our people, the Urenco Group provides safe, cost effective and reliable services; operating within a framework of high environmental, social and governance standards, complementing international safeguards.
Urenco is committed to continued investment in the responsible management of nuclear materials; innovation activities with clear sustainability benefits, such as nuclear medicine, industrial efficiency and research; and nurturing the next generation of scientists and engineers.
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