Thames Valley business benefits from £3.3 million boost for next generation nuclear technology
Cutting-edge nuclear technology projects across the UK have received government backing to help develop the next generation of nuclear reactors.
The funding will support the early-stage innovation for 6 winning projects, helping attract private investment and supporting the creation of new, highly skilled green jobs. This £3.3 million funding through the Advanced Modular Reactor Research, Development and Demonstration (AMR RD&D) programme, will support the development of cutting-edge
nuclear technology in the UK such as high temperature gas reactors (HTGRs), helping revolutionise the way the UK gets its energy.
U-Battery Developments Ltd (U-Battery), a Stoke Poges based business, has been selected as one of only four to further progress the design and development of advanced modular reactors towards building a first-of-a-kind in the UK.
Steve Threlfall, U-Battery General Manager, said: “This is U-Battery’s exciting next stage, and demonstrates the government’s understanding that our technology can be a solution for difficult to decarbonise sectors, as well as hydrogen and synthetic fuel production, and in a cost-effective manner due to its simple, modular design. “We will continue to work closely with the Government towards delivering a first-of-a-kind reactor in the UK in the late 2020s, in good time to make a real difference to achieving net zero by 2050 targets and helping to ensure the health and sustainability of global communities.”