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BREAKING
Araghchi: Together with all Iranians, I thank our brave Armed Forces who remain ready to defend our dear country until their last drop of blood, and who responded to any attack by the enemy until the very last minute
Araghchi: The military operations of our powerful Armed Forces to punish Israel for its aggression continued until the very last minute, at 4am
Araghchi: The final decision on the cessation of our military operations will be made later
Araghchi: However, provided that the Israeli regime stops its illegal aggression against the Iranian people no later than 4 am Tehran time, we have no intention to continue our response afterwards
Araghchi: As of now, there is NO "agreement" on any ceasefire or cessation of military operations
Iran's Foreign Minister Abbas Araghchi: As Iran has repeatedly made clear: Israel launched war on Iran, not the other way around
United States: The State Department strongly advises its citizens against traveling to Syria due to ongoing risks of terrorist violence.
Iraq: Al Mayadeen's correspondent: The explosion hit a radar as well as an electrical technical department in the Taji Camp north of Baghdad
Iraq: Al Mayadeen's correspondent: Preliminary reports indicate that the explosions that were heard in the surroundings of the Taji camp north of Baghdad were the result of a attack carried out by an unknown drone
Reuters citing an unnamed official: US president Donald Trump told Qatar's emir that Israel had agreed to the ceasefire and asked for Doha's help persuading Tehran to also agree to the ceasefire deal

UK allocates $90 million fund to develop nuclear energy field

  • By Al Mayadeen English
  • Source: Agencies
  • 2 Jan 2023 19:21
2 Min Read

The UK government says that the step comes as the country aims to find alternative to Russian fuel.

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  • Employees work at the construction site of Hinkley Point C nuclear power station in Somerset, England, Tuesday, Oct. 11, 2022 (AP Photo/Kin Cheung)
    Employees work at the construction site of Hinkley Point C nuclear power station in Somerset, England, Tuesday, Oct. 11, 2022 (AP Photo/Kin Cheung)

The UK will establish a $90-million fund to bolster nuclear fuel production to create an alternative to Russian fuel imports.

"Nuclear fuel production in the UK is set to be bolstered by up to £75 million [$90 million] in UK government funding in a bid to support the development of alternatives to Russian fuel supply and strengthen UK energy security," according to the statement.

The British government noted that the fund aims to boost fuel production capabilities and advance nuclear technologies, including the conversion of recycled and recently mined uranium, adding that the technology to convert recycled uranium is currently unavailable outside Russia.

Read more: UK ousts China from new nuclear project Sizewell

Part of the funding will go to prompt a "resilient nuclear fuel market," creating new jobs and attracting expert specialists in the field of nuclear energy.

Related News

Iran blasts IAEA chief for fueling Western-led nuclear pressure

Iran rejects IAEA report, says it is based on forged Israeli documents

Nuclear power is becoming more popular in Europe which is currently grappling with increased energy prices due to sanctions on Russia and other global factors, prompting its countries to plan ahead to avert problems in the future.

Some experts contend that nuclear power should not be a viable alternative, while others contend that given the prevalence of crises, it must continue to be a component of the global energy mix.

Read more: UK to Build World's Longest Power Transmission Grid

Although 32 countries presently use nuclear energy to produce 10% of the world's electricity, the International Atomic Energy Agency (IAEA) boosted its predictions for the first time since the 2011 tragedy in September. The IAEA now expects installed capacity to double by 2050 under the most favorable scenario.

With the increase in demand for power, a number of nations have declared a desire to build nuclear infrastructure, including China, which already has the most reactors, the Czech Republic, India, and Poland since nuclear energy provides an alternative to coal.

Similar goals are shared by the United Kingdom, France, the Netherlands, and even the United States, where President Joe Biden's investment plan promotes the growth of the sector.

  • Nuclear Energy
  • UK
  • Russian Gas
  • Nuclear Power

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