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UK to fund new nuclear power station as part of net zero drive -Telegraph

The British union flag flutters on the Victoria Tower at the Houses of Parliament, in London

(Reuters) - The UK government will announce plans to fund a new nuclear power plant before the 2024 election as part of its Net Zero strategy, The Telegraph reported on Sunday.

"We are seeking to approve at least one more large-scale nuclear project in the next few years to strengthen energy security and create thousands of jobs,” a government spokesperson told Reuters.

The recent energy crisis in Europe and fuel shortage in the UK have brought to light the shortcomings of over-reliance on non-renewable energy and have prompted London's move towards clean, renewable energy generation.

The Sizewell C site, a nuclear power plant being endorsed by EDF Energy for Suffolk, eastern England, will be the top pick to get the funding, The Telegraph report added, citing government insiders.

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Early this month, British Prime Minister Boris Johnson said the UK was aiming to produce "clean power" by 2035 as part of its goal of reaching net-zero carbon emissions.

(Reporting by Nishit Jogi and Aakriti Bhalla in Bengaluru; Editing by Diane Craft and Peter Cooney)