X-energy & Cavendish Nuclear Welcome Nuclear Commitments in Spring Budget
X-Energy UK Holdings, Ltd (“X-energy”), a wholly-owned subsidiary of X-Energy Reactor Company, LLC, and Cavendish Nuclear, a wholly owned subsidiary of Babcock International, welcomed news in the Spring Budget of the establishment of Great British Nuclear by the U.K. Government to help secure the country’s energy independence and advance its Net Zero Strategy.
Carol Tansley, Vice President of U.K. Nuclear New Build at X-energy said:
“This is a welcome commitment to clean and secure domestic energy and the delivery of modular nuclear reactors. We’re eager to work with Great British Nuclear and the U.K. Government to deliver a program of Xe-100 advanced modular reactors for both clean electricity and high-temperature steam production to support the decarbonization of major industrial processes.
“Moving the regulatory Generic Design Assessment process forward and securing access to the Hartlepool site are critical near-term initiatives for X-energy as we seek to advance deployment of our first units and support Teesside’s vision to be a center of industrial excellence in the net zero age.”
Mick Gornall, Managing Director of Cavendish Nuclear, said:
“Moving the U.K. nuclear effort onto a program footing can revitalize the industry nationally, and we believe X-energy’s Xe-100 can build on gas reactor technologies that have been pioneered in the U.K. by leveraging local and national experience. In addition, the recent news about extending the life of the existing Hartlepool power station represents a bridge between current operations and a future of clean energy and high-quality employment.”
For further information, please contact:
Leon Flexman: lflexman@x-energy.com / 07920 143732
OR
Yvonne Preston: yvonne.preston@cavendishnuclear.com / 07971 304338
Notes to Editors
About X-Energy Reactor Company, LLC
X-Energy Reactor Company, LLC, is a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation that is redefining the nuclear energy industry through its development of safer and more efficient advanced small modular nuclear reactors and proprietary fuel to deliver reliable, zero-carbon and affordable energy to people around the world. X-energy’s simplified, modular, and intrinsically safe SMR design expands applications and markets for deployment of nuclear technology and drives enhanced safety, lower cost and faster construction timelines when compared with other SMRs and conventional nuclear. For more information, visit X-energy.com or connect with us on Twitter or LinkedIn.
About Cavendish Nuclear
From decommissioning redundant nuclear facilities and supporting the U.K’s Clean Energy commitment through Nuclear New Build and development of Advanced Nuclear Technologies, through to helping keep the U.K’s fleet of nuclear-powered submarines at sea, our role in Cavendish Nuclear is to enable a world where nuclear plays a key contribution in protecting our nation, ensuring security of energy supply and meeting our net zero commitments – Creating a safe and secure world, together.
Nuclear has a vital role in delivering net zero by 2050, we are passionate about the key role that we play in that. Clean energy is a core focus for Cavendish Nuclear through our support to existing reactors, the construction of Hinkley Point C and Sizewell C, and our work to develop advanced nuclear technologies for the future.
For more information, visit www.cavendishnuclear.com or connect with us on LinkedIn