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The Rolls-Royce SMR, also known as the UK SMR, [1] is a small modular reactor (SMR) design being developed by the Rolls-Royce (RR) company in the United Kingdom. The company has been given financial support by the UK Government to develop its design.
Rolls-Royce has been working on so-called nuclear microreactors for more than three years. The company said the reactors could provide energy for data centers, mining, and space missions.
Britain's government on Friday announced a deal with engine-maker Rolls-Royce to support the Royal Navy's fleet of nuclear submarines, seen as boosting economic growth and national security.
Investors are betting that small modular reactors will benefit from the artificial intelligence boom.
The stable salt reactor (SSR) is a nuclear reactor design proposed by Moltex Energy. [118] It represents a breakthrough in molten salt reactor technology, with the potential to make nuclear power safer, cheaper and cleaner. The modular nature of the design, including reactor core and non-nuclear buildings, allows rapid deployment on a large scale.
It was created as a joint company in 1954 with the name Rolls-Royce and Associates; the associates being Vickers, Foster Wheeler and later Babcock & Wilcox. It changed its name on 15 January 1999 to Rolls-Royce Marine Power Operations Limited and is part of the marine business of Rolls-Royce plc.
The nuclear energy boom is a story the market ran with. Then came a regulatory wrist slap that briefly stopped the nuclear energy stock rally in its tracks.
It went critical in 1965. HMS Vulcan is a Rolls-Royce PWR 1 reactor plant and tested Cores A, B and Z before being shut down in 1984. In 1987, the plant was re-commissioned as LAIRD (Loss of Coolant Accident Investigation Rig Dounreay) a non-nuclear test rig, the only one of its kind in the world.