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January 12, 2024

In Brief: UK to expand nuclear industry; Norway agrees to deep-sea mining

The latest ESG policy and regulatory news

The UK government has published a road map on how it intends to revive the nuclear energy industry in the country. The plan includes the construction of a new power station, in addition to the yet-to-be-built Sizewell C plant, as well as a £300mn nuclear fuel programme to power the most modern reactors. The government also announced consultations on its approach to siting new nuclear power stations and on how to attract private capital for new nuclear projects. The consultations will be open until March 10 and April 4, respectively.

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