The consortium, led by Rolls-Royce, which is creating a compact nuclear power station known as a small modular reactor (SMR), has revealed its latest design and an increase in power as it completes its first phase on time and under budget.
The UK SMR consortium, led by Rolls-Royce, has announced it expects to create 6,000 regional UK jobs within the next five years and 40,000 in 15 years in a boost to green economic recovery.
Rolls-Royce and Exelon Generation have signed a Memorandum of Understanding to pursue the potential for Exelon Generation to operate compact nuclear power stations both in the UK and internationally. Exelon Generation will be using their operational experience to assist Rolls Royce in the development and deployment of the UKSMR.
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The consortium of companies developing a compact nuclear power station has appointed Tom Samson as its interim chief executive.
Rolls-Royce and Turkey’s EUAS International ICC have signed a Memorandum of Understanding to carry out a study to evaluate both the technical, economical and legal applicability; and also the possibility of joint production of compact nuclear power stations (aka SMR) to underpin clean economic growth
Our consortium warmly welcomes the Government’s decision to advance our new innovative small modular reactor programme.
The UK SMR Consortium, led by Rolls-Royce, welcomes the positive steps and encouragement by the UK Government, in particular, given our plant is designed around its economics, that these benefits have been independently recognised and verified.
