News
U-Battery encouraged by the 2020 Canada-UK Colloquium Report on Nuclear Energy
22 February 2021
U-Battery was pleased to attend the launch of the 2020 Canada-UK Colloquium Report on Nuclear Energy on 18 February, which summarised conversations held over the past year between the two countries on the advancement of a shared nuclear agenda.
The report highlights 31 recommendations, centred on:
- Deepening the ongoing collaboration between both jurisdictions.
- Prioritising the development of SMRs as a key part of both countries’ energy portfolios.
- Combining efforts to change any negative stigma around nuclear energy.
- Leveraging governments, industries, and academia to position nuclear energy for addressing climate targets while improving economic competitiveness.
- Minimising nuclear waste.
The ensuing panel session regrouping Sean Tupper (Assistant Deputy Minister, NRCan), John Gorman (President and CEO, CNA), Julia Pyke (Director of Financing and Economic Regulation, Sizewell C) and Duncan Hawthorne (CEO, Horizon Nuclear Power) led to insightful exchanges on the prospects of the SMR industry, and more broadly, nuclear energy. From that conversation emerged the importance of positioning SMRs as an integral part of the clean energy portfolio and the need to ensure robust, dedicated funding for SMR initiatives, a position U-Battery has consistently relayed in written submissions and stakeholder meetings with government and industry. SMRs can and will play a key role in ongoing economic recovery efforts in Canada and the UK.
U-Battery would like to thank the Canada-UK Council, as well as the University of Toronto’s Munk School of Global Affairs and Public Policy, for its unwavering commitment to advance the cooperation between both countries.
About U-Battery
U-Battery is an advanced/small modular reactor, capable of providing a low-carbon, cost-effective, locally embedded and reliable source of power and heat for energy intensive industry and remote locations. It is being developed by Urenco in collaboration with a number of supporting organisations and has received funding from the UK Department of Business, Energy and Industrial Strategy's Energy Innovation Portfolio.
