“The UK announced a funding package to support nuclear power generated by small modular reactors in a bid to boost energy security while lowering the nation’s reliance on fossil fuels.

The government will provide grants totaling £157 million ($205 million) for companies to accelerate their nuclear business in the UK, as well as develop new reactors, it said on Tuesday with the launch of a competition. The bid is part of the “Great British Nuclear” initiative aimed at boosting the country’s industry, including to develop new technology so the UK can hit its target of providing up to a quarter of the its electricity from domestic nuclear energy by 2050.”

Analyst Comment: The WEF says you will own nothing and be happy. They also said nuclear energy is an environmental liability, before pivoting last year. Now Europe is moving hard back into nuclear. The WEF has lost again.