Monday, November 25, 2024

Rolls-Royce CEO calls for swift action toward deployment of small nuclear reactors

Shortlisting of Rolls-Royce SMR in the first stage of the Great British Nuclear Small Modular Reactor technology selection process has led to a call for swift action from the company’s CEO.

The shortlist includes the UK’s home-grown nuclear technology, Rolls-Royce SMR – a ‘factory-built’ nuclear power plant which will provide enough affordable clean electricity to power a million homes for 60+ years, helping achieve our net zero targets.

Chris Cholerton, Rolls-Royce SMR CEO, said: “The Rolls-Royce SMR is a British solution to the global energy security and decarbonisation challenge. We welcome our shortlisting and are eager to build on this progress, moving quickly to the next stage where we can work to agree a contract for deployment and help the government reach its ambition to deliver up to 24GW of nuclear power by 2050.

“We have the only SMR technology in a European regulatory approval process, putting us almost two years ahead of any of our competitors. Securing a domestic contract is vitally important to unlock the enormous global export potential of our clean energy technology.”

A successful outcome from the GBN selection process will result in immediate investment in the UK supply chain and manufacturing sectors, creating thousands of high-skilled, long-term jobs.

With a team of more than 600 UK-based people already working for the business, Rolls-Royce SMR is making good progress through the Generic Design Assessment process with the nuclear industry’s independent regulators to secure consent for its technology to operate in the UK.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.









Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close