At the Spending Review and Autumn Statement 2015, Government announced that DECC will invest £250m in an ambitious nuclear research and development programme, enabling the UK to be a global leader in innovative nuclear technologies. This includes a competition to identify the best value SMR design for the UK. In March 2016, the Government launched the first phase of the competition. The objective of Phase One is to gauge market interest among technology developers, utilities, potential investors and funders in developing, commercialising and financing SMRs in the UK. The Government is keen to ensure that any subsequent stages of the competition are informed by participants’ views on how to secure commercial deployment of SMRs and on potential timeframes for deployment. This phase of the competition, which will be the first opportunity to engage in discussions with Government, will be a structured dialogue between Government and participants.
DECC 17th March 2016 read more »
Rolls-Royce is engaged in discussion with the UK government over the possibility of its expertise being used to develop small modular nuclear reactors as an alternative to larger projects such as the controversial Hinkley Point C plant. The company argues that the mini reactors it is championing are a more viable medium-term solution to Britain’s looming energy crisis, although the first crop of new large reactors will still need to be deployed.
Power Engineering 21st March 2016 read more »