US EditionU.S., Britain to Sign Landmark Nuclear Power Agreement
The Atlantic Partnership for Advanced Nuclear Energy will cut licensing time from four to two years, aiming to create thousands of jobs and boost energy security, officials said.
- This week, during President Donald Trump's official visit to London, the UK and US governments are set to finalize a deal aimed at accelerating the development of nuclear power projects in both nations.
- The agreement is designed to reduce the licensing period for nuclear plants from around three to four years down to about two years, thereby facilitating faster approval of projects and supporting the expansion of clean energy.
- The agreement supports significant partnerships, notably between US company X-Energy and UK-based Centrica, to develop as many as a dozen next-generation modular nuclear reactors in Hartlepool, which are expected to supply electricity to 1.5 million residences and generate approximately 2,500 jobs.
- Prime Minister Keir Starmer emphasized that the significant UK-US collaboration on nuclear energy extends beyond providing electricity to households; it plays a crucial role in boosting the economy, supporting local communities, and driving national aspirations, highlighting the $54 billion value of this transatlantic alliance and its benefits for economic growth and security.
- The agreement and related deals position both nations for a golden age of nuclear power, enhancing energy security, creating thousands of jobs, and strengthening independence from global fossil fuel markets.
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US and UK to sign new nuclear power deals this week
WASHINGTON - The United States and the United Kingdom are set to sign new nuclear power deals between companies from both countries this week. These agreements aim to facilitate the construction of new nuclear power stations in both nations.
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