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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.
U.K.-based Rolls-Royce SMR says its small modular reactors, or SMRs, are much cheaper and quicker to get running than standard plants, delivering the kind of energy security that many nations are ...
The Czech power company CEZ signed a deal Tuesday with Britain’s Rolls-Royce SMR to form a strategic partnership to develop and deploy small modular nuclear reactors. Under the agreement, CEZ ...
The project is intended to standardize the construction of nuclear power plants to cut down on cost and duration. According to the design, power plants could be built in as little as two years for $300 million. It is also a template, allowing for site-specific alterations with a plus or minus 20% cost predictability. [90]
PRAGUE (AP) — The Czech power company CEZ signed a deal Tuesday with Britain’s Rolls-Royce SMR to form a strategic partnership to develop and deploy small modular nuclear reactors. Under the agreement, CEZ will acquire a 20% share in Rolls-Royce SMR for which it will pay several billion Czech crowns (hundreds of millions of dollars).
An additional £210 million was awarded to Rolls-Royce by the British government in 2021, complemented by a £195 million contribution from private firms. [176] In November 2022, Rolls-Royce announced that the sites at Trawsfynydd, Wylfa, Sellafield and Oldbury would be prioritised for assessment as potential locations for multiple SMRs. [177]
A single Rolls-Royce SMR power station will occupy the footprint of two football pitches and power approximately one million homes. Rolls-Royce secures £450m to build mini nuclear reactors Skip ...