UK Funds Local Nuclear Fuel Production To Cut Dependence On Russia

On Monday, the UK government opened a Nuclear Fuel Fund designed to encourage the use of UK-produced nuclear fuel as the country moves to fulfill its G7 commitment to diversify uranium and nuclear fuel production capacity away from Russia. The UK will allocate $90 million (£75 million) in government funding in a bid to support the development of alternatives to Russian fuel supply and strengthen UK energy security, the UK’s Energy and Climate Minister Graham Stuart said on Monday.

The recent British Energy Security Strategy (BESS) has…