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Centrica Expands Nuclear Commitment with $10 Billion Advanced Modular Reactor Initiative in the UK

NUCLEAR

Centrica is enhancing its nuclear energy strategy through a $10 billion partnership with X Energy to build the UK's first advanced modular reactors in Hartlepool. This initiative aims to deploy 12 reactors capable of powering 1.5 million homes, with potential expansion to 6 GW nationwide.

Centrica's investment follows its $1.3 billion stake in the Sizewell C project. The project requires government support through a construction levy, and while promising for energy security, it raises questions about long-term viability amid market fluctuations.

Sep 17, 2025, 7:24 AM

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