Nuclear Industry Association

Last week the Nuclear Industry Association held a Legal & Financial Business Group meeting ⚛️🤝 NIA members discussed the challenges surrounding financing and legal frameworks within the nuclear sector. We explored solutions for private financing of new nuclear projects, including how the Regulated Asset Base (RAB) model can reduce investor risk and lower financing costs. There were insightful panel discussions from Rolls-Royce SMR, Holtec Britain, X-energy, and newcleo on financial support for large-scale reactors, SMRs, and AMRs. The group also explored the Civil Nuclear Roadmap and discussed how UK regulations can be streamlined alongside the new government approach to nuclear. Thank you to everyone who attended, and a special thanks to Maisie Ross for helping organise and to Deloitte for hosting. If you're interested in joining the next NIA business working group meeting, please visit 👉 https://lnkd.in/eifhTKYV #nuclear #finance #climate

🚨 New Members Alert 🚨 Among our many business group meetings since the summer break the team have been talking with some incredible organisations and bringing them into the NIA family 🤝 Heidelberg Materials - One of the world's largest integrated manufacturers of building materials and solutions with leading market positions in cement, aggregates, and ready-mixed concrete. The supplier of choice to Hinkley Point C for concrete, cement, and aggregates👷♂️ Lucideon - Offers materials development and validation organisation with capabilities surrounding advanced ceramics, complex corrosion testing, ILW/LLW encapsulation material development and complex mechanical testing ⚛️ SEMP - Applies Systems Engineering principles to facilitate the reduction and control of technical risk on complex projects and programmes 🏗️ Trillium Flow Technologies - A developer and manufacturer of control, isolation & safety relief valves, pumps, actuators and vessels for nuclear power generation. Trillium products are currently installed in 75% of the global operating nuclear fleet ⚡ If you'd like to be the next NIA member then please do get in touch and complete the enquiry form below 👇 #netzeroneedsnuclear #netzero #nuclear #business

Last week the Nuclear Industry Association and Wales Nuclear Forum co-hosted the latest Decommissioning & Waste Management group meeting in South Wales ⚛ The group toured the former coal power plant at Aberthaw, once the biggest of its kind in the world, with proposed plans to introduce clean energy technologies on site, including the possibility of SMRs or AMRs 🏭 The meeting’s theme - ‘Innovation, not Invention’ – explored the various ways in which this part of the nuclear sector is exploring new ways of working and how innovative solutions are being implemented to address challenges across the decommissioning and waste space. Thank you to everyone who attended and took part and to our sponsors: Costain Group PLC, VULCAIN INGENIERIE and drinks sponsors Mott MacDonald. Click here for a full rundown of the meeting from the NIA's Ella Ashdown ⏩https://lnkd.in/eqmT-N_U #decommissioning #wastemanagement #nuclear

The NIA International Business Group welcomes over 120 NIA members!⚡   The NIA International Business Group organised a meeting at the Stephenson Harwood LLP offices in London, where delegates heard from representatives of the UK nuclear industry and around the world, exploring key developments in the sector, including Decommissioning and Waste Management, Large New Build, SMRs, Fusion, and the Fuel Cycle.   A heartfelt thank you goes to our wonderful hosts, Stephenson Harwood LLP, and to our sponsor, Mott MacDonald. We’re also grateful to all our excellent speakers and everyone who joined us over the past two days.   If you'd like to learn more about our upcoming business groups or NIA events, please visit: https://lnkd.in/eifhTKYV   We look forward to seeing you at our next meeting! ⚛️👏   #netzeroneedsnuclear #nuclear

Only 2 weeks to go until FT Live's Energy Transition Summit! Meet CEOs from top energy companies, including ENGIE, National Grid, Centrica, OMV Petrom and more. The NIA members save 20% on in-person or digital passes with code FTNIA 👉 https://lnkd.in/ewY4VbfQ #FTEnergy

It was great to see Lord Hunt, Minister of State for Energy Security and Net Zero, visit Urenco’s Capenhurst site! 👏⚡ The facility is the largest exporter in the UK #nuclear sector providing vital #fuel for our allies to enhance energy security. Supporting Urenco's work means more #nuclear jobs in the UK and a healthier nuclear #supplychain. #nuclearfuel #netzeroneedsnuclear

'Instead of replacing coal power stations with new cleaner technologies like nuclear, many remain untouched, just big old hulks and relics of a bygone era. To leave them like that would be a terrible waste.' ✍ The Nuclear Industry Association's Iolo James on the huge potential for jobs, investment and clean power generation if the UK redeveloped former coal power sites into new nuclear sites. #nuclear #coal #Aberthaw #nezeroneedsnuclear

September is always a busy month - the return from holidays, Parliament and government getting back into gear and the political party conference season - this year even moreso with new MPs and a new government of new Ministers here in the UK, along with the international events in nuclear that happen at home and abroad during the month. But it was back home where the first of these took place, on the first Monday of the new term in Portcullis House, Westminster. Led by Josh MacAlister MP and his fellow Cumbrian MPs Markus Campbell-Savours MP and Julie Minns, many of the stakeholders and interested parties in taking forward nuclear ambitions in west Cumbria were convened for the initial meeting of the Nuclear Delivery Group for Cumbria. The Nuclear Industry Association is pleased to participate on behalf of our member companies in the supply chain, both in relation to the ongoing work at Sellafield and across the NDA estate, but also in relation to potential new nuclear capacity that we know is needed being a part of the next chapter of Cumbria’s nuclear story. There are complexities and challenges in ensuring one does not compromise the other, but it is a good approach to get all of the participants, proponents and interested parties together to work through the issues - it is exactly what the industry wants to see from those representing our host communities in Parliament. You can read Josh McAllister’s take on this from his recent column in The Whitehaven News https://lnkd.in/eC9qkupk

Nuclear Industry Association at Conservative Party Conference 2024 📣 👉 Join us tomorrow evening, Tuesday 1 October, at the ICC Birmingham for a discussion on the role of nuclear energy in powering our future. ⚛️ NIA x Total Politics Drinks Reception: "Past, Present, Future – Advancing Conservative Nuclear Policy" 🕙 19:00 - 21:30 | Hall 10B, ICC -  Tom Greatrex, CEO, Nuclear Industry Association -  The Rt Hon Claire Coutinho MP, Shadow Secretary of State for Energy Security & Net Zero - Andrew Bowie MP, Shadow Minister for Energy Security & Net Zero Come join us and hear how nuclear energy can fuel jobs, strengthen energy security, and power a clean future. We look forward to seeing you there! #CPC24 #netzeroneedsnuclear

Nuclear is doing more than powering the country—it’s transforming local communities👏⚡ Over the past five years, the NDA Group has invested £60 million to create lasting, sustainable change in areas near its sites, from supporting mental health recovery in Cumbria to building skills hubs in North Ayrshire. It’s great to see nuclear decommissioning driving real change! #nuclear #decommissioning