This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

Launch of Future Nuclear Enabling Fund (FNEF)

To further nuclear technological advancements, such as those that I commented upon in my recent What's next for Wylfa and Transformation at Trawsfynydd posts, the UK Government has recently announced the launch of its £120 million ($146 million) Future Nuclear Enabling Fund (FNEF). As reported in the linked article by World Nuclear News, the fund's primary purpose is to support development of new nuclear energy projects, stimulate competition in the industry and unlock investment across the UK. 

All interest in the fund should be registered by Friday 27 May 2022.

I am looking forward to a future where our nuclear innovative potential is unlocked, with intellectual property (IP) protection being a core consideration.  

The fund is designed to "unlock and accelerate new nuclear technologies while encouraging new players into the market," the government said. "It will provide targeted, competitively-allocated government grants which will help nuclear construction projects, including small modular reactors (SMRs), to attract the private investment they need to help make them a reality."

Tags

climate change, energy & environment
post featured image