The Great British Nuclear(GBN) organization has officially selected Rolls-Royce SMR to lead the development of three small modular reactors in the United Kingdom. This decision strengthens the British company as a strategic player in the new era of nuclear energy.
Institutional support for Rolls-Royce SMR
The company is 18 months ahead of other competitors in the UK regulatory process. This lead was achieved after years of technological development and industrial planning. industrial planningThis advantage was achieved after years of technological development and industrial planning, which has allowed the company to position itself as the strongest option for starting commercial operations.
GBN’ s decision plans to boost the economic outlook of the nuclear value chain, with the manufacture of modular reactors, allowing the generation of qualified jobs, mobilizing local suppliers and opening export opportunities in strategic markets. In other words, it is an investment that projects both an economic and environmental return.
According to projections by the International Energy Agency (IEA)(IEA), global electricity demand will double by 2050. Small modular reactors are seen as viable solutions to meet this demand with low environmental impact.
This is a very important milestone for our company and for Rolls-Royce SMR. It is a vote of confidence in our unique nuclear capabilities, which will be recognized by governments around the world.
It also demonstrates that the strategic decisions we have made in the transformation of Rolls-Royce are paying off.
Tufan Erginbilgic, CEO of Rolls-Royce.
The scope and exploitation of modular nuclear technology. Source: Rolls-Royce SMR
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Source and photo: Rolls-Royce
