Business secretary Vince Cable has approved £31 million in new funding that aims to enhance the nuclear supply chain and help commercialise new technologies for a global nuclear energy market.
The government is today expected to approve permission for French energy company EDF to start work on Hinkley C, the UK’s first new nuclear power plant to be built in Britain by the private sector.
The UK has positioned itself firmly at the forefront of Europe’s nuclear expansion as it hosted the signing of a joint communique between 12 EU member states with an interest in nuclear energy.
Boeing UK and Rolls-Royce yesterday agreed to exhibit at the Global Manufacturing Festival (GMF) in Sheffield in April, while four big OEMs pledged that visiting SMEs can talk directly to their purchasing managers.
Centrica’s decision to pull out of the EDF consortium to build nuclear plants at Hinkley Point in Somerset, and Sizewell, Suffolk has had no material effect on the pipeline of work for the British nuclear supply chain, experts say, but it knocks confidence in the UK's overall industrial strategy.
Hitachi’s plans to build up to six new nuclear reactors in the UK progressed today as ministers asked the Office for Nuclear Regulation and the Environment Agency to assess the design of their reactor.
There are 100-days until the start of the Global Manufacturing Festival in Sheffield, a three-day event showcasing high tech manufacturing capability in the South Yorkshire region that networks SMEs to big company projects.