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U-Battery receives UK Government funding
28 June 2018 Global NewsThe UK Government has confirmed today that U-Battery has been successfully selected to receive funding in the Advanced Modular Reactor (AMR) Programme.
The Department for Business, Energy and Industrial Strategy (BEIS) is investing up to £44 million in AMR feasibility and development work through the programme, with the aims of generating low cost electricity which is delivered flexibly, and providing other functionality such as the provision of heat for domestic or industrial use.
U-Battery General Manager, Steve Threlfall, said:
“U-Battery is delighted to have received the green light to progress to Phase 1 of the Government’s AMR Programme. This will involve receiving a first tranche of funding to produce a feasibility study in which we outline the commercial and technical case for U-Battery.
'The feasibility study will be produced over the next six months, before being submitted to Government.
'We look forward to using the study to demonstrate how U-Battery can deliver a low-carbon solution to address energy and decarbonisation challenges in the UK and global markets.”
U-Battery is a micro modular nuclear reactor being designed to provide secure, low carbon embedded power at industrial sites and remote locations, currently focussing on the UK and Canadian markets. It is being developed by a consortium with a high level of nuclear and engineering expertise, made up of the partners Urenco, Wood Group, Kinectrics, Cammell Laird and Laing O’Rourke.
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About Urenco
Urenco is an international supplier of uranium enrichment services, fuel cycle products and related solutions with sustainability at the core of our business. Operating in a pivotal area of the nuclear fuel supply chain for over 50 years, Urenco understands the importance of energy security and facilitates the reliable delivery of low carbon electricity generation for consumers around the world.
With its head office in London, UK, Urenco’s global presence ensures diversity and security of supply for customers through enrichment facilities in Germany, the Netherlands, the UK and the USA. Through our technology and the expertise of our people, the Urenco Group provides safe, cost effective and reliable services, operating within a framework of high environmental, social and governance standards, complementing international safeguards.
Urenco is making a positive contribution to global climate change goals through our core business and we are committed to achieving net zero carbon emissions by 2040.
We are committed to continued investment in the responsible management of nuclear materials; innovation activities with clear sustainability benefits, such as nuclear medicine, industrial efficiency and research; and nurturing the next generation of scientists and engineers.
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