Rolls-Royce Holdings Plc says it will take 12 years to build its prototype small nuclear reactor in the U.K. “We’re giving ourselves time for the first one,” said Alan Woods, director of strategy and business development at the engineering firm. “The nuclear industry is full of promises and it always fails to deliver. So we have to make sure that we deliver the first unit on time and on budget.” Britain is one of several countries assessing the feasibility of building small modular reactors, or SMRs, as they seek cleaner options to coal-fired generation. SMRs are seen as a cheaper and more manageable alternative to giant projects such as the 20 billion-pound ($28 billion) Hinkley Point C in England, which has already run over budget and is several years behind schedule. Rolls-Royce needs as many as five years for the licensing and design assessment process, while construction will take another seven for its first 440-megawatt model, Woods said in an interview in Prague. Subsequent units would only take four years to complete. Rolls-Royce, one of the pioneers of SMR technology, could start the generic design assessment process at the end of the year. But that depends on the U.K. government finishing its current feasibility study. “We need the U.K. government to move forward with the formation of policy, and we need it to play an enabling role in things such as identification of sites,” Woods said. “The fact that they’re conducting an economic assessment is very positive.”
Energy Voice 16th Feb 2018 read more »
The International Atomic Energy Agency (IAEA) is launching an effort to expand international cooperation and coordination in the design, development and deployment of small, medium sized or modular reactors (SMRs), among the most promising emerging technologies in nuclear power. Significant advances have been made on SMRs, some of which will use pre-fabricated systems and components to shorten construction schedules and offer greater flexibility and affordability than traditional nuclear power plants. With some 50 SMR concepts at various stages of development around the world, the IAEA is forming a Technical Working Group (TWG) to guide its activities on SMRs and provide a forum for Member States to share information and knowledge, IAEA Deputy Director General Mikhail Chudakov said.
IAEA 16th Feb 2018 read more »