Nuclear Fuel Fund

Fund to support UK front-end nuclear fuel cycle capability to reach ambitions to increase civil nuclear deployment to up to 24GW by 2050

The Nuclear Fuel Fund will provide up to £75 million in grants to help preserve the UK front-end nuclear fuel cycle capability, in support of the British energy security strategy.

The Department for Business, Energy & Industrial Strategy (BEIS) has launched a Request for Information to seek views from industry on the proposed fund design and pipeline of potential projects that might bid for funding.

BEIS aims to better understand:

• the barriers to investment in the UK front-end nuclear fuel cycle, supply chain and capability, which risk the government’s energy policy objectives if not addressed – including, where available, evidence to support these views and international context
• the potential projects that could be brought forward subject to these investment barriers being overcome or reduced, to preserve the capability
• how the Nuclear Fuel Fund can best be designed and delivered to support the most promising project(s), maximise learnings and measure success

BEIS is particularly welcoming feedback from participants across:

• the nuclear fuel sector, including operators, technology designers and vendors
• customers including utilities
• wider supply chain participants
• advisers and consultants
• research bodies
• national laboratories
• academia

How to submit a response

Send your response to BEIS by emailing nuclearfuelfund@beis.gov.uk, with the email subject heading ‘Request for Information Response’ and the name of your project.

First published 22 July 2022