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UAE approached to invest in Sizewell C nuclear power plant

The Guardian: Energy

UK lines up Abu Dhabi wealth fund for stake in £20bn-£44bn project despite growing row over other Emirati investment plans A United Arab Emirates sovereign wealth fund has been approached to take a stake in the Sizewell C nuclear power plant project in Suffolk, it has emerged.

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Dozens of countries pledge support for nuclear power, despite lingering concerns

The Verge: Energy

It’s a bold statement to support a source of energy over which many governments and environmental groups are deeply divided. Proponents of nuclear energy say it’s the perfect complement to renewables since nuclear reactors are able to generate electricity around the clock.

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Sizewell C: Government confirms plan to take £670m stake in nuclear power project

Business Green

Sizewell C project takes major step forward as government unveils plans to establish Great British Energy, a new arms-length public body to oversee UK nuclear power pipeline. More details are expected early in the new year, including on the government's funding commitment to the new body.

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What’s the Role for New Nuclear Power in the Fight Against Climate Change?

GreenTechMedia

Small modular reactors (SMRs) — nuclear reactors using novel technologies to fit into much smaller and mass-producible packages than the behemoth nuclear power plants of today — are presented as a way of rapidly decarbonizing the grid in the face of an ever more pressing need to meet climate targets.

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Reports: UK seeking to define nuclear power as 'green' investment

Business Green

Ministers are gearing up to launch a consultation on changes to the government's taxonomy rules - which classify what constitutes a 'green' investment - in order to redefine nuclear power projects as environmentally sustainable, The Financial Times reported this morning.

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Slow, [Expensive] and Amazing - Nuclear Power [2/3]

Mr. Sustainability

Nuclear power is up to three times more expensive than wind or solar Summary - Costs of renewables continue to fall incrementally and are at a record low of around €40 per MWh. Nuclear power plants, especially in the West, are confronted with high construction costs, extreme delays and more stringent safety measures.

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UK’s first Small Modular Reactors to be built in North Teeside

Envirotec Magazine

North Teeside will host the first Small Modular Reactors (SMRs) in the UK, with facilities to be delivered by a collaboration between US nuclear firm Westinghouse Electric Company and Community Nuclear Power (CNP), based in Cumbria.