Nuclear power is emerging as an important part of Britain’s ambitious decarbonization targets, though can be a burden on taxpayers and the high costs of construction have contributed to project delays.
The UK’s first new location for a commercial nuclear power plant since the 1970s is undergoing licensing from the country’s regulator, at a time when the government is making it easier to approve new projects.
Last Energy’s microreactors are set to be built at a site of a former coal plant in south Wales. That would mark the first new site for a commercial reactor to begin licensing since 1978, as all projects since then have been built at locations on or next to sites that have had a plant there, the firm said.
