Trump's visit to the UK to result in over $10 billion in partnerships.

Trump's visit to the UK to result in over $10 billion in partnerships.

President Donald Trump's upcoming visit to the UK is set to yield significant financial partnerships, with an emphasis on nuclear energy. The visit, scheduled for this week, is expected to culminate in the signing of the Atlantic Partnership for Advanced Nuclear Energy, a landmark agreement between the US and UK governments. This partnership aims to expedite the construction of new nuclear energy projects, reduce licensing times, and attract billions in private investment.

The most prominent of these deals includes a collaboration between X-Energy (US) and Centrica (UK) to build up to 12 advanced modular reactors in Hartlepool, with a follow-on UK-wide program targeting 6GW of nuclear power. This project is anticipated to generate enough power for up to 1.5 million homes and deliver $54 million in economic value .

Additionally, Holtec, EDF, and Tritax plan to develop advanced data centers powered by small modular reactors at the former Cottam coal-fired power station in Nottinghamshire, with an estimated project value of $14.9 billion . Another notable deal is the one between Last Energy and DP World, which aims to establish one of the world's first micro modular nuclear power plants, backed by $108.7 million in private investment .

The partnership extends to fusion energy, with coordinated experimental programs combining British and American expertise with AI technology to develop advanced simulation tools and fast-track progress towards commercial fusion power. The UK and US governments are committed to driving down household bills and creating thousands of jobs through these initiatives.

These agreements are part of a broader effort by both countries to usher in a "golden age" of nuclear energy. The Trump administration has fast-tracked several advanced nuclear energy projects and set new timelines for bringing new reactors online, while the UK aims to power its economy and communities with nuclear energy .

The Atlantic Partnership for Advanced Nuclear Energy is expected to significantly enhance global energy security, strengthen US energy dominance, and secure nuclear supply chains across the Atlantic . With over $10 billion in potential partnerships, this visit promises to be a significant milestone in the global nuclear energy landscape.