Britain said on Monday its 75-million-pound ($90.5 million) fund aimed at helping boost domestic production of nuclear fuel for power plants and cutting reliance on Russian uranium supplies was now open for applications.

The fund, announced in July, will award grants to businesses involved in uranium conversion, a key stage in the process of creating nuclear fuel from the metal. It will remain open for applications from Monday until Feb. 20.

“Record high global gas prices, caused by Putin’s illegal invasion of Ukraine, have highlighted the need for more home-grown renewable energy, but also UK generated nuclear power – building more plants, and developing domestic fuel capability,” Minister for Energy and Climate Graham Stuart said.

Britain Opens Nnuclear Fuel Fund With Aim to Cut Reliance on Russia | Devamı>>>

Microsoft co-founder and multi-billionaire philanthropist Bill Gates, like many celebrities, is all about cleaning up the power generation sector to reduce carbon emissions. However, he doesn’t believe that renewables alone are the best or only way to get there.

In his annual year-end blog, Gates promised to spend more time in 2019 speaking out on the virtues of nuclear energy. He is chair of TerraPower LLC, a 10-year-old venture focused on developing new technologies to make carbon-free nuclear more economical and viable in the marketplace.

Bill Gates Champions Nuclear Energy Investment for Clean Energy Future | Devamı>>>