Great British Nuclear GBN

Great British Nuclear, is a governmental vehicle tasked with developing a resilient pipeline of new nuclear builds, instigated at the end of 2022, the British Energy Security Strategy announced the governments intention to scope and set up the flagship body, Great British Nuclear (GBN), to enable nuclear projects and support the UK’s nuclear industry.

Business and Energy Secretary Grant Shapps;

"Global gas prices are at record highs, caused by Putin’s illegal march on Ukraine. We need more clean, affordable power generated within our borders – British energy for British homes. Today’s historic deal giving government backing to Sizewell C’s development is crucial to this, moving us towards greater energy independence and away from the risks that a reliance on volatile global energy markets for our supply comes with. This is at the heart of a package of measures that – together with the new Great British Nuclear and powers of the Energy Security Bill – will ensure secure supply for now, and for generations to come.

The group was further described in the Powering up Britain report March 2023, from the Department for Energy Security and Net Zero (DESNZ) as having access to a future Nuclear Enabling Fund of up to £120 million. along with a Small Modular Reactor (SMR) selection process. It is one aspect of what is seen as the driving force to the long term plan to power the country via the Energy Bill. The Great British Nuclear initiative will support the UK’s nuclear industry by providing better opportunities to build and invest.

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[edit] External Links

https://www.gov.uk/government/organisations/great-british-nuclear/about

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