The UK and US have agreed to sign a deal to boost the building of nuclear plants in both countries during Donald Trump’s state visit this week.
Downing Street said the “unbreakable friendship” is set to “reach new heights”, with Sir Keir and Mr Trump also expected to sign a tech partnership and deepen cultural ties.
The Atlantic Partnership for Advanced Nuclear Energy, which will enable deals between US and UK companies, would make it quicker for companies to build nuclear power stations by cutting red tape and workloads to speed up the time for projects to get a licence. The current time is around three or four years – the new partnership would see it drop to roughly two.
This will clear the way for a major expansion of nuclear projects in Britain as part of the government’s drive to produce clean energy.
“This landmark UK-US nuclear partnership is not just about powering our homes, it’s about powering our economy, our communities, and our ambition,” Sir Keir said.
“These major commitments set us well on course to a golden age of nuclear that will drive down household bills in the long run, while delivering thousands of good jobs in the short term.”
Under the civil nuclear deal, both countries will fast-track reactor design checks.
This will mean that if rigorous safety checks have been passed in one country, they can be used to speed up assessment in the other.
This aims to speed up approvals to around two years for advanced designs like the Rolls-Royce small modular reactor.
The two countries will also share the workload of site licensing for new projects to get them approved more quickly.
Commercial deals set to be announced this week include:
The prime minister’s spokesperson said the special relationship between the UK and the US has become one of the “most enduring alliances in modern history”.
“Our special relationship has evolved into one of the most enduring alliances in modern history, rooted in shared values, friendship, mutual trust and a belief in the rule of law, democracy and open markets, and that unbreakable friendship will reach new heights at the state visit this week,” he said.
The two nations already have more than £1.2 trillion invested in each other’s economies, he noted.
“And this week, we are delivering a step change in that relationship with leaders expected to sign a world-leading tech partnership that will genuinely change the lives of British and American people, and we will go further in powering Britain and delivering energy security with a major civil nuclear deal.
“We will deepen our cultural ties too, ensuring grassroots American sport such as basketball is accessible in communities across the UK, and we will develop partnerships between some of our finest heritage and art institutions to ensure our shared history is part of our future too.”
Andrew Bowie, shadow minister of state for energy, said: “All these announcements are simply building on the strong legacy left by the previous Conservative government who kick-started the nuclear revolution in the UK. However, we would have gone bigger and quicker.”
Sam Richards, CEO of pro-growth campaign group Britain Remade, said: “If the new ‘golden age’ for nuclear power is to mean anything, we need to slash the time it takes to get reactors from the drawing board to spades in the ground so that Britain’s industrial heartlands can once again thrive.”
