U.S., July 13 -- The UK government has announced £30mn in funding for construction of three types of nuclear energy sites in the country.

The funding comes as part of a £40mn funding package which has been dedicated to the research of new nuclear power as the nation continues to move away from high-carbon energy sources such as coal.

The government has awarded £10mn to each of the three advanced modular reactor projects which, if proven to be successful, could be possible alternatives to large-scale nuclear builds in the future.

These new style of nuclear plants are considerably smaller than traditional sites and use intense heat generated in nuclear reactions which enables the production of large scale, low-carbon electr...