UK Government Selects X-energy and Cavendish Nuclear for First Advanced Modular Reactor Award from Future Nuclear Enabling Fund
Summary
"Building on X-energys initial deployment with Dow on the U.S. Gulf Coast, we can create both jobs and long-term energy security in the UK with clean, reliable advanced nuclear power. A fleet of Xe-100s can complement renewables by providing constant or flexible power and produce steam to decarbonise industry and manufacture hydrogen and synthetic transport fuels," said Mick Gornall, Managing Director of Cavendish Nuclear. It aims to help industry reduce project risks so they are better positioned for future investment decisions.X-energy and Cavendish Nuclear are proposing to develop a multi-billion pound 12-reactor plant at Hartlepool, to be ready by the early 2030s. The companies plan to build a fleet of up to 40 of the advanced small modular Xe-100 reactors in the UK, creating thousands of high-quality jobs in construction and operations. X-energy has developed intrinsically safe and more efficient reactors and proprietary fuel to delivery reliable, zero carbon, affordable energy to people around the world.