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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.
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.
These businesses had a revenue of $70 million and about 500 employees in 2018. Rolls-Royce is keeping its nuclear new build and small modular reactor (SMR) business in the UK. [56] In November 2020, the company announced plans to build up to 16 Rolls-Royce SMR nuclear plants across the UK, continuing its nuclear division operations. [57]
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 ...
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 ...
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).
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.
Investors are betting that small modular reactors will benefit from the artificial intelligence boom.