07 April 2022
The strategy published today, Thursday April 7, 2022, sets out how Great Britain will ramp up its domestic energy provision to ensure security of supply.
We are encouraged that the Government has included nuclear power as a crucial part of the energy mix, accelerating delivery with up to eight new reactors that could be delivered.
We further welcome the ambition of up to 24GW of electricity to come from nuclear energy by 2050, representing up to 25 percent of Britain’s projected energy demand, with Small Modular Reactors (SMRs) becoming a key part of the pipeline. Pushing ahead with the Sizewell C nuclear project alone, for example, would produce the equivalent of 5.4 billion cubic metres of gas per year
Urenco is pleased to have been a part of the Government’s engagement with industry prior to the release of the strategy.
Emilie Isaacs, Head of Government Affairs for Urenco, said: “The strategy provides a positive way forward for the nuclear industry as a whole, and we are ready to play our part and support the Government to deliver on these commitments.
“We’ll need both nuclear and renewable energy sources to achieve a secure and reliable supply, and the strategy builds on the Prime Minister’s plan for a Green Industrial Revolution.
“We are clear on this: nuclear energy is safe and clean and can provide consistent, low carbon electricity.”
You can read more about the Government’s strategy here.
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.