Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Government nuclear deal will be struck 'in next few weeks'

nuclear plant for web

A final nuclear sector deal will be revealed in ‘‘the next few weeks”, the leader of the Nuclear Industry Association (NIA) has announced.

NIA chairman John Hutton confirmed that the final deal, which will outline industry-led proposals to guide the future of the UK nuclear business, will be published shortly.

The deal will include proposals to reduce the cost of new build nuclear power stations by 30% by 2030, and maximise opportunities for the supply chain, Hutton said in his key note speech at the Decom2018 conference in central London on Monday. 

“The deal, when it is published, will be jointly owned by industry and the government together to increase the confidence that it will be carried through successfully,” he said. 

A draft sector deal was released in December last year, following the publication of the government’s industrial strategy white paper, with the aim of lowering costs and boosting innovation in the industry. 

Hutton added: “With a focused effort I think we will be able to demonstrate the strategic importance and economic value of our industry to the country as a whole, and that I think is definitely worth fighting for”

Last December, the government also announced a £56M investment in research and development (R&D) for Advanced Modular Reactor (AMR) technology.

Like what you’ve read? To receive New Civil Engineer’s daily and weekly newsletters click here. 




Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Please note comments made online may also be published in the print edition of New Civil Engineer. Links may be included in your comments but HTML is not permitted.