UK Nuclear Investment: A Looming Decision

The UK government faces an urgent decision regarding nuclear power investment. The Sizewell C project and the deployment of Small Modular Reactors (SMRs) require immediate funding, and the Treasury needs to make a decision in the upcoming spending review to ensure sound financial planning. Delaying the decision will disrupt fiscal projections. Stakeholders, including government officials, energy companies, and unions, urge swift action to ensure UK energy security and supply. The ultimate allocation of SMR contracts, and whether multiple winners will be selected, will be a key indicator of the government's approach.