Rolls-Royce SMR welcomes growing strategic cooperation with the UK on nuclear energy
Rolls-Royce SMR has welcomed the announcement by Hungarian Foreign Minister, Péter Szijjártó, of growing strategic cooperation with the UK on nuclear energy, including a specific focus on small modular reactors (SMRs).
The announcement was made earlier this week after a meeting in London with his British counterpart, Secretary of State for Foreign, Commonwealth and Development Affairs, The Rt Hon David Lammy MP.
Rolls-Royce SMR’s Director of Strategy and Business Development, Alan Woods, said: “The announcement on cooperation between the UK and Hungary, which specifically mentioned SMRs and described Rolls-Royce SMR as a leader in the development and deployment of this technology, is exciting.
“Hungary is an experienced and credible nuclear nation and our work in Central Europe – including our strategic partnership with Czech utility, CEZ – means there is a huge opportunity in the region.”
The Rolls-Royce SMR offers a radically different approach to delivering new nuclear power. Each ‘factory-built’ nuclear power station will provide enough low-carbon electricity to power a million homes for more than 60 years and will create thousands of long-term, high-skilled jobs.
Notes to Editors:
The Rolls-Royce SMR is the UK’s first domestic nuclear technology in more than 20 years - providing a British solution to a global energy dilemma. Each small modular reactor will produce enough stable, affordable, emission-free energy to power a million homes for at least 60 years.
Rolls-Royce SMR has received UK Government funding of £210m as part of Phase 2 of the Low-Cost Nuclear Challenge Project, administered by UKRI, which has been supplemented by £280m of private capital. The aim of this Government support is to accelerate the Rolls-Royce SMR design and pass at least Step 2 of the GDA (Generic Design Assessment) regulatory process carried out by the nuclear industry’s independent regulators (The Office for Nuclear Regulation (ONR), Environment Agency and Natural Resources Wales).
Rolls-Royce SMR welcomes comments and questions about the Rolls-Royce SMR design. This feedback will be incorporated into the GDA process and may be published anonymously on the Rolls-Royce SMR GDA website and used during dialogue with our regulators.
