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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessHunt-Nuclear Power To Be Classed 'Environmentally Sustainable' In Taxonomy
In his Budget statement, Chancellor of the Exchequer speaks on UK nuclear power:
- "We have increased the proportion of electricity generated from renewables from under 10% to nearly 40%. But[...] we will need another critical source of cheap and reliable energy. And that is nuclear.[...] increasing nuclear capacity is vital to meet our Net Zero obligations. So to encourage the private sector investment into our nuclear programme, I today confirm that subject to consultation nuclear power will be classed as “environmentally sustainable” in our green taxonomy, giving it access to the same investment incentives as renewable energy."
- "Alongside that will come more public investment.[...] two further commitments to deliver our nuclear ambitions. Firstly,[...] I am announcing the launch of Great British Nuclear which will bring down costs and provide opportunities across the nuclear supply chain to help provide up to one quarter of our electricity by 2050. And secondly, I am launching the first competition for Small Modular Reactors. It will be completed by the end of this year and if demonstrated to be viable we will co-fund this exciting new technology."
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.