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GE Hitachi gets backing from U.K. future nuclear fund

January 31, 2024, 9:32AMNuclear News

The United Kingdom’s Future Nuclear Enabling Fund (FNEF) awarded £33.6 million (about U.S.$42.8 million) to GE Hitachi Nuclear Energy last week.

The move comes as part of the FNEF’s support for growing the Britain’s generation of 24 GW of nuclear by 2050. The country currently produces around 9,100 megawatts per year.