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Urenco submits evidence to cross-party committee of MPs
26 October 2022 Global NewsIt is essential that the UK maximises energy generation from nuclear power to achieve net zero and energy security targets, Urenco has told a cross-party group of MPs.
Urenco has submitted evidence to the House of Commons Science and Technology Select Committee’s inquiry on nuclear energy, which is examining the Government’s approach on delivering new nuclear capacity in the UK.
This follows the publication of the Government’s Energy Security Strategy earlier this year which has the aim for nuclear to supply 25% of electricity by 2050.
You can read our submission here.
We emphasised that with the cost of gas in Europe and the UK at record levels, the UK has to maximise energy generation from low-emission sources, such as nuclear and renewables.
We also outlined that with the acceleration of advanced technologies such as High Temperature Gas Reactors (HTGRs), significant investment is needed to produce the advanced fuels required for them to run.
Furthermore, we called for a clear pathway to provide regulatory approval for small and advanced modular reactors (SMRs & AMRs) given the current lack of harmonisation. This would be an enabler to rolling them out efficiently across the globe, with the Government providing a supporting role.
Emilie Isaacs, Head of Government Affairs for Urenco, said: “Nuclear is a proven source of low-carbon energy generation and essential to energy independence, energy security and net zero.
“We welcome the Committee’s focus on this important issue and look forward to its final report and recommendations to ensure that the Government continues to support nuclear energy and the roll out of the next generation of nuclear power plants.
“This continued commitment is not just required for greater investment and the development of capacity, but for attracting increased numbers of highly-skilled people to build and operate the new fleet, the remaining existing fleet, decommissioning and safely processing depleted fuel.”
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About Urenco
Urenco is an international supplier of uranium enrichment services, fuel cycle products and related solutions with sustainability at the core of our business. Operating in a pivotal area of the nuclear fuel supply chain for over 50 years, Urenco understands the importance of energy security and facilitates the reliable delivery of low carbon electricity generation for consumers around the world.
With its head office in 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. Through our technology and 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 making a positive contribution to global climate change goals through our core business and we are committed to achieving net zero carbon emissions by 2040.
We are 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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