Urenco comment on Expert Finance Working Group report on financing small nuclear

Urenco read with interest yesterday’s report from the Expert Finance Working Group and will be reviewing the recommendations in detail.

In June, our micro-modular reactor technology – U-Battery – which we are developing with our consortium partners, successfully progressed to phase one of the Government’s Advanced Modular Reactor Programme.

During phase one of that programme we will produce a feasibility study which will make the commercial and technical case for U-Battery. 

We are delighted at the Government’s show of support for advanced modular technologies and look forward to demonstrating how U-Battery can help to address energy and decarbonisation challenges in the UK and overseas.

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