Rolls-Royce goes full throttle for SMR role
9 Jan 2017
Rolls-Royce is to play a lead role in a partnership that aims to construct a fleet of small modular reactors (SMRs) for the nuclear industry.
The company has teamed up with Arup, Amec Foster Wheeler and nuclear experts Nuvia as well as the Nuclear Advanced Manufacturing Research Centre to help create new generation technology that will be more cost-effective.
Said a spokesman: “We are working with some of Britain’s most experienced civil engineering companies and nuclear research organisations to realise the huge potential of small modular reactors for the wider UK economy.”
We are working with some of Britain’s most experienced civil engineering companies and nuclear research organisations to realise the huge potential of small modular reactors for the wider UK economy
Rolls-Royce
In 2015 the Government unveiled a £250 million programme to find the best value SMR design. The competition promoted more than 30 bidders by last year and interest has grown as costs for traditional reactors have grown – such as for the planned Hinkley Point reactor which is now projected to cost £18 billion.
It has been predicted that a successful development of SMR construction in the UK could see the creation of up to 40,000 jobs and a £400 billion export market.
