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Article: United Kingdom: EU pledges 25 million to nuclear fuel bank.
- Article from:
- TendersInfo
- Article date:
- December 10, 2008
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Byline: kavita03
The Council of the European Union will contribute up to 25 million ($32 million) towards an international nuclear fuel bank controlled by the International Atomic Energy Agency (IAEA), bringing the prospect a step closer.
The rationale behind the proposed nuclear fuel bank is to offer a secure supply of nuclear fuel, vital for countries developing a nuclear power program. International efforts to establish multilateral mechanisms to provide countries with increased energy security "may also offer a credible alternative to the ...