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Wednesday 10 November 2021

(CEN) SMALL MODULAR REACTORS COMING CLOSER

The Rolls-Royce Small Modular Reactor (SMR) business includes BAM and Laing O’Rourke among its main supply chain partners.

SMR has secured £195m in investment from Rolls-Royce Group, BNF Resources UK Limited and Exelon Generation Limited alongside grant funding of £210m from UK Research and Innovation funding.

The business will now start to identify sites for factories which will manufacture the modules that enable on-site assembly of the power plants.

Warren East, Rolls-Royce CEO said: “With the Rolls-Royce SMR technology, we have developed a clean energy solution which can deliver cost competitive and scalable net zero power for multiple applications from grid and industrial electricity production to hydrogen and synthetic fuel manufacturing.

“The business could create up to 40,000 jobs, through UK deployment and export enabled growth. As a major shareholder in Rolls-Royce SMR, we will continue to support its path to successful deployment.” Construction Enquirer - link - Grant Prior - link - more like this - link

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