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Hitachi ditches UK nuclear power projects

Business Green

Hitachi has officially scrapped plans to build new nuclear power plants at Wylfa on Anglesey and Oldbury in Gloucestershire amid ongoing struggles to drum-up additional financing for the high profile projects, it confirmed today, dealing another major blow to the nuclear industry's ambitions in the UK.

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'Missing link': Could nuclear power up the clean hydrogen industry?

Business Green

Instead, LucidCatalyst argues governments should consider investing in hydrogen produced by a new generation of advanced modular reactors that are "very different from current large nuclear power plants" and manufactured with new, modular shipyard manufacturing process.

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'Our seas hold immense potential': PM pledges to power all UK homes with offshore wind by 2030

Business Green

The Prime Minister will use his Conservative Party Conference speech tomorrow to trail a hotly-anticipated 10-point plan for a "green industrial revolution" - full details of which are set to be unveiled later this year - as well as announcing a major package of support for offshore wind.

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Nuclear: UK pushes forward with small advanced modular reactor program

Business Green

The government has set out its suggested approach for constructing the UK's first Advanced Modular Reactor (AMR) demonstrator today, bolstering its ambition for the next generation of small nuclear power plants to be up and running within the next decade.

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Nuclear industry warns net zero targets at risk without new reactors

Business Green

Major new report urges government to provide clarity on nuclear development plans and insists sector can bring down costs - but will Ministers be convinced? We're confident the price of nuclear power will fall from the £92.50 Those who like nuclear want it to be true. Amazing how often this is trotted out.

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'Our seas hold immense potential': PM unveils £160m offshore wind investment

Business Green

The Prime Minister will use his Conservative Party conference speech tomorrow to trail a hotly-anticipated 10-point plan for a "green industrial revolution" - full details of which are set to be unveiled later this year - as well as announcing a major package of support for offshore wind.

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Government promises to unleash net zero investment blitz with 10 Point Plan for a Green Industrial Revolution

Business Green

Carbon capture, hydrogen, nuclear, EVs, and renewables all set to benefit from £12bn government stimulus plan, but critics warn funding falls well short of the level required to trigger a green recovery.