The UK Government’s direct investments in fusion energy over the past decade has helped boost the economy by £1.4 billion.

That’s according to a new study by London Economics and published by BEIS, which reveals the investment of £346.7 million has also supported an average of 4,000 jobs every year.

The study looked at the financial and economic impacts of public investments in the UK Atomic Energy Authority’s (UKAEA) fusion research from 2009 and 2019 and found that for every £1 invested in UKAEA, around £4 is generated in return.

UK’s Investments in Fusion Energy Boosted Economy | Devamı>>>

Coal-fired electricity production at the U.K.’s largest power plant is expected to end in March 2021, energy firm Drax said Thursday, with the move leading to between 200 and 230 job losses. Drax Power Station — which is located near the town of Selby, North Yorkshire — has a capacity of 3,906 megawatts and generates approximately 18 terawatt-hours of power annually, according to the firm.

The facility has 6 units: four which have been converted to generate power using what Drax describes as “sustainable biomass,” and two which use coal.

The UK’s Largest Power Plant to Stop Using Coal Next Year | Devamı>>>