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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
British engineering group Rolls-Royce has announced the establishment of a new business - Rolls-Royce SMR Limited - for the deployment and commercialisation of its small modular reactor (SMR) technology. The announcement follows the securing of GBP210 million (USD285 million) in funding from the UK government, matched by more than GBP250 million of private investment.
- Source: World Nuclear News
- Date: Wednesday, 10 November 2021
- Original article: world-nuclear-news.org/Articles/Rolls-Royce-secures-funding-for-SMR-deployment
The UK's Department for Business, Energy and Industrial Strategy (BEIS) yesterday opened the Generic Design Assessment (GDA) to advanced nuclear technologies. BEIS has also published a policy paper stating that the advanced nuclear sector has the potential to play an important part in the UK's Industrial Strategy.
- Source: World Nuclear News
- Date: Thursday, 13 May 2021
- Original article: world-nuclear-news.org/Articles/UK-launches-regulatory-assessment-of-advanced-nucl