The UK government is reportedly looking at giving nuclear power projects a green status that will mean it can be included in the country’s taxonomy.
The move, which is expected to be announced in the coming weeks, is believed to support new investments in proposed nuclear projects across the UK.
Media reports this week said the new proposals could see nuclear power projects classed as “green” or “sustainable” investments, incentivising more investors to back them.
The European Union has a similar taxonomy, essentially a set of rules guiding companies and investors on green investments.
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