Experts from across the finance, nuclear, construction and manufacturing sectors assembled in Coventry this week (Monday 5 and Tuesday 6 November 2018) to explore taking smaller nuclear reactors from concept to construction. The cutting-edge Manufacturing and Technology Centre (MTC) in Coventry will host around 200 delegates from across the UK to discuss the commercialisation of small modular nuclear reactors – innovative small nuclear power stations that could radically reduce the costs associated with the nuclear sector. The first small reactors could be built as soon as 2030, with potential for exports worldwide. To help commercialise these revolutionary reactors, Nuclear Energy Minister Richard Harrington today (Tuesday 6 November) announced the next crucial steps, including: inviting developers to submit design proposals to identify potential risks with proposals early on, reducing investment risks for potential backers setting out a how a £32 million Advanced Manufacturing and Construction Programme will allow companies to bid for funds to test new technologies, ironing out potential flaws before they start producing at scale.
BEIS 6th Nov 2018 read more »
The federal government is at risk of making a “climate change detour” if it decides to build a string of small nuclear reactors, says an Ontario advocacy group against radioactive pollution. the recent United Nations Intergovernmental Panel on Climate Change (IPCC) report warning countries have a little more than 11 years to mitigate the effects of a rapidly warming Earth. “We can’t afford to take this detour right now to enhance the profits of a few multinational private sector nuclear businesses. Every dollar we spend now is important,”
Huffington Post 6th Nov 2018 read more »