A small modular reactor (SMR) consortium is “eagerly awaiting” a government announcement that could help the U.K. regain its former leadership in nuclear technology. SMRs are under development in several markets and are widely favored to become the nuclear technology of choice in the future, with proponents saying the reactors could be deployed more quickly and cheaply than full-scale plants. “The consortium has applied for support from the government’s Industrial Strategy Challenge Fund, which is designed for exactly this kind of high-impact opportunity,” said Andrew Storer, CEO of the Nuclear Advanced Manufacturing Research Centre, an industrial organization, in written responses to GTM’s questions. Yesterday, the consortium, which is led by British power systems manufacturer Rolls-Royce, pledged to create 6,000 jobs in the U.K. within the next five years if the government “makes a clear commitment that enables a fleet of 16 SMR power stations to be built over the next 20 years.” The consortium is looking for a minimum commitment of £200 million ($264 million) in matched funding, on top of £18 million ($24 million) that was handed out late last year.
GTM 12th Nov 2020 read more »
CALLS have been made to engineering giant Rolls Royce to save skilled jobs at its Barnoldswick factories by using the sites as part of its plans for a fleet of 16 mini nuclear power stations. The firm has revealed the proposals by the UK SMR consortium which it leads. The group has pledged to create 6,000 regional UK jobs within the next five years’ with up to 80 per cent of the power station components set to be made in factories across the Midlands and North of England. It has led to immediate calls by local politicians and the Unite union to locate some of the work at Rolls-Royce’s two factories in Barnoldswick.
Telegraph & Argus 12th Nov 2020 read more »