UK Multi-billion £ Innovative Nuclear Power
UK Government targets 20GW Nuclear Power by 2050. Government is running a number of competitions in 2022 and 2023 with the promise of capex and revenue subsidies for projects that can demonstrate capacity to reach FID by 2025 and power onto the grid by 2050.
I estimate that a Nuclear Deployment Project, using existing SMR Technology, will require about £30million to reach FID. Project Entreprenuers will need only to £15million and secure 50% capex grant from UK Government.
The challenge is not insignificant, but the potential rewards are exceptional. Interested parties can contact me by email to open an exploratory discussion.