The governments of the UK and the US have announced a wide-ranging series of nuclear power deals in which multiple leading US-based companies will build projects overseas. As part of the nuclear renaissance, the deals are specifically designed to accelerate advanced reactor deployment and reduce reliance on Russian nuclear fuel.
Termed as the ‘Atlantic Partnership for Advanced Nuclear Energy’, the initiative promises faster safety approvals and regulatory cooperation on both sides of the Atlantic, alongside billions in private sector investment.
The deals will be formally signed during President Donald Trump’s state visit to London this week, the British Embassy in Washington said.