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UK-based Rolls-Royce SMR says its £500m ($600m) small modular reactor (SMR) programme will run out of cash by the end of 2024, Reuters has reported. Alastair Evans, Government & Corporate Affairs Director at Rolls-Royce SMR noted: "We aren't asking the government to make an order (for the nuclear units) today but we need to start negotiations on a deployment plan by the middle of this year. We are facing a cliff edge, by December 2024 the money will have run out." This would put at risk UK government plans to use SMRs to boost energy security and achieve climate targets.
- Source: NEI Magazine
- Date: Saturday, 04 March 2023
- Original article: neimagazine.com/news/newsrolls-royce-smr-faces-financial-problems-10648145
UK company Rolls-Royce SMR has visited the sites of the decommissioned Oldbury and Berkeley NPP reactors in Gloucestershire (southwest UK) for talks with stakeholders from communities around the plants. The two unit Berkeley NPP was closed in 1988-89, and the two unit Oldbury plant in 2011-12, and are now the responsibility of the Nuclear Decommissioning Authority (NDA).
- Source: NEI Magazine
- Date: Wednesday, 18 January 2023
- Original article: neimagazine.com/news/newsrolls-royce-visits-two-potential-uk-sites-for-its-first-smrs-10523038
Five major companies have made key announcements on their plans to advance small modular reactor (SMR) deployment in the UK. While Rolls-Royce SMR shortlisted three sites for a factory to produce component for its planned SMR; Balfour Beatty and Holtec with Hyundai agreed to support plans for the construction of Holtec’s SMR-160; and GE Hitachi Nuclear Energy (GEH) submitted a Generic Design Assessment (GDA) application for its BWRX-300 SMR to the UK Department for Business, Energy & Industrial Strategy (BEIS).
- Source: NEI Magazine
- Date: Friday, 23 December 2022
- Original article: neimagazine.com/news/newssmr-competition-heats-up-in-the-uk-10456556
Rolls-Royce SMR has been selected as the preferred nuclear technology provider for the newly-formed Solway Community Power Company planning to bring new nuclear power to West Cumbria in northwest UK.
- Source: NEI Magazine
- Date: Thursday, 17 November 2022
- Original article: neimagazine.com/news/newsrolls-royce-smr-selected-for-west-cumbria-10358125
Newly-established development firm Solway Community Power Company has selected the Rolls-Royce small modular reactor (SMR) for deployment in West Cumbria, England. Earlier this week, it was announced that four sites in the UK, including land near the Sellafield site in Cumbria, have been prioritised to deploy the first in a fleet of Rolls-Royce SMR power plants.
- Source: World Nuclear News
- Date: Saturday, 12 November 2022
- Original article: world-nuclear-news.org/Articles/Cumbrian-development-company-chooses-Rolls-Royce-S
Rolls-Royce SMR, supported by the UK Nuclear Decommissioning Authority (NDA), has completed a siting assessment review into potential options for deploying Rolls-Royce SMR power stations.
- Source: NEI Magazine
- Date: Friday, 11 November 2022
- Original article: neimagazine.com/news/newsrolls-royce-smr-prioritises-four-nda-sites-for-new-nuclear-10284448
A siting assessment review has identified a range of existing nuclear power plant sites in the UK that could potentially host Rolls-Royce small modular reactors (SMRs), with four sites owned by the Nuclear Decommissioning Authority (NDA) prioritised.
- Source: World Nuclear News
- Date: Thursday, 10 November 2022
- Original article: world-nuclear-news.org/Articles/Study-identifies-potential-Rolls-Royce-SMR-sites
Roll-Royce has announced that following the raising of £195 million in equity funding, its Small Modular Reactor business has now been established. Its purpose is to bring forward and deliver at scale the next generation of low cost, low carbon nuclear power technology.
- Source: NEI Magazine
- Date: Wednesday, 10 November 2021
- Original article: neimagazine.com/news/newsroll-royce-secures-funding-for-small-modular-reactor--9227680