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The factory will be the first of three and will be responsible for the manufacture of the heavy vessels for the engineering company’s SMR power plant.
Rolls-Royce said the planned factory will be the largest and most complex facility of the three and “it is important to take decisions early to enable its deployment”. Construction will begin once Rolls-Royce SMR receives the go-ahead to build a fleet of SMRs in the UK.
The shortlist was picked from over 100 submissions. The shortlisted sites are: Sunderland, Richmond in North Yorkshire, Deeside in Wales, Ferrybridge in Yorkshire, Lincolnshire and Carlisle.
- Source: Nucnet
- Date: Tuesday, 05 July 2022
- Original article: nucnet.org/news/reactor-subsidiary-announces-shortlist-of-sites-for-first-smr-factory-in-uk-7-1-2022
The UK has opened for consultation its assessment of a new financing model aimed at reducing the cost of new nuclear power plant projects by having consumers pay upfront through their energy bills. A solution is needed urgently because nuclear energy is seen as a vital part of the government's commitment to cutting the country's carbon emissions to net zero by 2050. Seven of the UK’s eight existing nuclear plants are set to be retired by 2030.
- Source: World Nuclear News
- Date: Tuesday, 23 July 2019
- Original article: world-nuclear-news.org/Articles/UK-considers-Regulated-Asset-Base-model-to-finance
The UK has opened for consultation its assessment of a new financing model aimed at reducing the cost of new nuclear power plant projects by having consumers pay upfront through their energy bills. A solution is needed urgently because nuclear energy is seen as a vital part of the government's commitment to cutting the country's carbon emissions to net zero by 2050. Seven of the UK’s eight existing nuclear plants are set to be retired by 2030.
- Source: World Nuclear News
- Date: Tuesday, 23 July 2019
- Original article: world-nuclear-news.org/Articles/UK-considers-Regulated-Asset-Base-model-to-finance