The UK and US have entered a landmark deal to enterĀ ‘golden age’ of nuclear energy prior to US President Donald Trump visiting the UK this week.
UK and US companies have agreed five new commercial deals, enabled by a new agreement by the UK and US governments, which is primed to be signed at the state visit this week.
The new agreement is expected to make it quicker for companies to build new nuclear power stations in both countries, for example by speeding up the time it takes for a nuclear project to get a licence from roughly in three or four years to roughly two.
The Atlantic Partnership for Advanced Nuclear Energy aims to speed up this process for companies and revitalise the industry it the UK as it looks to strengthen its sovereign electricity sources.
The agreement and deals will pave the way for more investment in nuclear energy and power plants, with the industry seeing 11,000 new jobs already this year following government investment.
Some of the deals involve the building of 12 new advanced modular reactors in Hartlepool, as well as advanced data centres in Nottinghamshire.
“This landmark UK-US nuclear partnership is not just about powering our homes, itās about powering our economy, our communities, and our ambition,” prime minister Keir Starmer said.
“These major commitments set us well on course to a golden age of nuclear that will drive down household bills in the long run, while delivering thousands of good jobs in the short term.
“Together with the US, weāre building a golden age of nuclear that puts both countries at the forefront of global innovation and investment.”
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The new partnership also extends to fusion energy, through coordinated experimental programmes with UK and US expertise combining with AI technology to develop advanced simulation tools, whilst test facilities aim to fast-track progress towards commercial fusion power.
“Weāre kickstarting a golden age of nuclear in this country, joining forces with the US to turbocharge new nuclear developments and secure the technologies of the future,” energy secretary Ed Miliband said.
“Nuclear will power our homes with clean, homegrown energy and the private sector is building it in Britain, delivering growth and well-paid skilled jobs for working people.”





