{"id":115519,"date":"2023-07-18T09:05:07","date_gmt":"2023-07-18T06:05:07","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/great-british-nuclear-government-unveils-competition-to-fund-small-reactors\/"},"modified":"2023-07-18T09:05:07","modified_gmt":"2023-07-18T06:05:07","slug":"great-british-nuclear-government-unveils-competition-to-fund-small-reactors","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/fi\/news\/great-british-nuclear-government-unveils-competition-to-fund-small-reactors\/","title":{"rendered":"Great British Nuclear: Government unveils competition to fund small reactors"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/fi\/wp-json\/wp\/v2\/posts\/115519\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\nMore than \u00a3150m of grant funding has been announced for innovators in the UK\u2019s nuclear power sector, who are now being encouraged to bid for new grants under Great British Nuclear\u2019s first competition. Energy Security and Net-Zero Secretary Grant Shapps will today (18 July) deliver a speech outlining details of Great British Nuclear\u2019s (GBN) first funding round, which will be allocated on a competitive basis to companies working on small modular reactors (SMRs).<\/p>\n<p>GBN was confirmed by the Government at the Budget. It is an arms-length body responsible for driving the delivery of new nuclear projects, via engagement and investment across the value chain. It has been collecting industry information on SMRs and engaging key players in the sector, including Rolls \u2013 Royce, since April. It will today open its first round of funding to applications. Applications for grant funding open today. edie has asked for information on the timeline for grant allocation, plus the total budget available under this funding round.<\/p>\n<p>GBN\u2019s interim chair Simon Bowen said: \u201cWe look forward to working with all interested parties \u2013 technology vendors, the supply chain, the wider industry and local communities as we move this essential programme forward.\u201d Separately from GBN, the Government has announced up to \u00a3157m of grant funding for the nuclear industry. Up to \u00a377.1m will go to companies accelerating the development of next-gen nuclear businesses in the UK, which would lay he groundwork for SMR development and construction this decade.<\/p>\n<p>A further \u00a358m is open for those developing advanced modular reactors (AMRs) and next-generation fuels. High-temperature AMRs could produce both nuclear and heating for industrial uses. Funding for AMRs is being split between two facilities in Warrington and one in Preston. For fuels, funding is being split between eight projects across the UK. It bears noting that these announcements were due last week. The Government stated that \u201cunforeseen circumstances\u201d resulted in a minor delay.<\/p>\n<p>The UK Government envisions 25% of the UK\u2019s electricity mix coming from nuclear by 2050. This target was set in 2022 under the Energy Security Strategy. Achieving this will require the delivery of large projects, one of which should complete this decade, but is unlikely to be met without SMRs. In a statement, the Government called SMR technology \u201cmore agile\u201d and stated that early investment now is key to \u201cspearhead the future of nuclear technologies\u201d. Last year, nuclear accounted for 15.5% of the UK\u2019s electricity mix and the sector generated around \u00a36bn in economic benefit for the UK.<\/p>\n<p>Shapps said the development of SMRs in the UK \u201ccould result in billions of pounds of public and private sector investments\u201d but noted that the sector is still nascent. He has described the forthcoming uptick in investment a \u201crevival\u201d and \u201crenaissance\u201d. The first approval process for a UK-designed SMR, from Rolls Royce, was kick-started in 2022. Each SMR from the firm would take around \u00a32bn to deliver.<\/p>\n<p>When the Energy Security Strategy was published, the focus on nuclear and offshore wind were welcomed. But the Government faced pressure to go further and faster on energy efficiency, energy storage and onshore renewables. It has since updated the Strategy, including plans to deploy solar more rapidly and setting new energy efficiency targets.<\/p>\n<p>Debates around the Strategy\u2019s inclusions for oil and gas remain live, with little changed here. The renewables industry has been calling for benefits in line with tax deductions currently available for fossil fuel expansion. Green groups have also called on the Conservatives for more concrete information on the timelines for phasing fossil fuels down, per the Paris Agreement.<\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.edie.net\/great-british-nuclear-government-unveils-competition-to-fund-small-reactors\/\">ede.net<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vaufien\/great-british-nuclear-government-unveils-competition-to-fund-small-reactors\/\">Great British Nuclear: Government unveils competition to fund small reactors<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[10743,958,599,10744,3217,606,607,608],"class_list":["post-115519","post","type-post","status-publish","format-standard","hentry","category-news","tag-gb","tag-government","tag-nuclear","tag-reactors","tag-small","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/115519","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/comments?post=115519"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/115519\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/media?parent=115519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/categories?post=115519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/tags?post=115519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}