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‘A Northern Energy Strategy’ Recommends Utilising The Sellafield Site As A “Test Bed” For New Innovations Related To High Hazard Remediation

£200m Nuclear Sector Deal will benefit county, says Cumbria LEP

Published on: Thursday 28th June 2018

The Government has launched a £200million Nuclear Sector Deal.

Aimed at cutting the cost of nuclear energy, developing new technologies and encouraging more women to work in the industry, Business and Energy Secretary Greg Clark said the Government wanted to remain a world leader in nuclear energy.

The deal includes:

  • Reducing new build costs by up to 30 per cent by 2030, including considering different financing options to reduce the cost of capital
  • An industry-led review of decommissioning and waste management to reduce costs by 20 per cent and develop a clear pipeline of activity
  • A target of a 40 per cent female workforce by 2030
  • A joint investment in an advanced manufacturing programme to ensure the UK captures opportunities in high value components
  • A skills programme to increase the supply of subject experts, graduate entrants and apprentices, including the flexible use of the apprenticeship levy
  • A sustained supply chain intervention programme to help UK companies win contracts
  • The joint targeting of export opportunities to grow UK’s stake in the global nuclear market in new build, decommissioning and waste management
  • Regional support for innovation, skills and supply chain clusters through LEPs to maximise nuclear’s potential for key regions

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