India, May 8 -- The UK will be the first European nation to produce advanced nuclear fuel - a market currently dominated by Russia - to help fuel nuclear power plants at home and abroad.
This is part of the government plan to push Putin out of the global energy market and drive down energy bills, the Department for Energy Security and Net Zero said in a press release.
The UK government is awarding £196 million pounds to Urenco to build a uranium enrichment facility, which will be Europe's first facility to power future nuclear reactors. It will help to isolate Russia from global energy markets, boost British energy security and provide reliable, affordable energy, it added.
The nuclear power plant is expected to produce fuel by 2031...