The UK has officially selected Rolls-Royce SMR as the preferred technology provider for its domestic small modular reactor (SMR) program. This significant decision, announced by Great British Nuclear (GBN), marks a pivotal moment for the nation’s nuclear energy future, aiming to bolster domestic manufacturing and create thousands of skilled jobs.
Key Takeaways
- Rolls-Royce SMR chosen as the preferred technology provider for the UK’s SMR program.
- The government is pledging over £2.5 billion for the overall SMR initiative.
- The project aims to create up to 3,000 skilled jobs and power approximately 3 million homes.
- Contracts with Rolls-Royce SMR and site allocation are expected later this year, with in-service dates targeted for the mid-2030s.
A New Era for British Nuclear Power
The selection of Rolls-Royce SMR by GBN concludes a two-year international competition, signaling a commitment to British innovation in nuclear power. This move is anticipated to usher in a "new golden age of nuclear in the UK," according to a government statement. Rolls-Royce’s SMR design features factory-built components, promising enhanced transportation ease, reduced construction risks, and more predictable timelines. Each unit will have an output of 470 MW.
Government Investment and Job Creation
London is backing the SMR program with a substantial investment of over £2.5 billion. This funding is expected to stimulate domestic growth by creating thousands of highly skilled, well-paid jobs and fostering opportunities within the supply chain. The government estimates that the project could support up to 3,000 new jobs and provide power for around 3 million homes.
Next Steps and Global Context
Great British Nuclear plans to finalize contracts with Rolls-Royce SMR later this year and establish a development company. Site allocation is also on the agenda for this year, with the goal of having the first SMR plants operational by the mid-2030s. Rolls-Royce is already engaged in international projects, including a deal with Czech utility ČEZ and participation in Sweden’s SMR competition. Experts emphasize the need for swift action to maintain pace with the global SMR race, noting significant commitments from countries like the United States. This development follows closely on the heels of a £14.2 billion investment announcement for the Sizewell C nuclear power station project.
