The funds will be used by the UK companies and consortia for novel construction and manufacturing techniques, remote monitoring and sensors to reduce the need for people entry to radioactive areas as well as an ocean-imaging system to prevent jellyfish blocking cooling water intakes.

The funds are a part of a joint initiative between Innovate UK (the new name for the Technology Strategy Board), the NDA and the Department of Energy and Climate Change (DECC) to stimulate innovation in civil nuclear power sector in the UK.

Innovate UK chief executive Iain Gray said: "These proposals, and the consortia behind them, will help our civil nuclear industry set new standards in safe and smart operation.

"It marks a significant step forward for civil nuclear operations which are smarter and safer than ever before, and it’s a great commercial opportunity for UK plc and its businesses."

NDA Technology head Prof Melanie Brownridge said: "Our R&D strategy is very focused on developing innovative technologies that support our clean-up mission.

"Joint funding initiatives such as this greatly increase the investment potential across the whole nuclear sector and also, importantly, bring research partners together collaboratively in the drive for progress and creative scientific thinking."

Globally, approximately £930bn investment is planned for the construction of new reactors, with international procurement of around £25bn a year to 2025.

An agreement is now in place in the UK to build the first nuclear power station since 1995, with more likely to follow.