Nuclear Industry Association chief executive Tom Greatrex has warned the government not to repeat the mistakes made with its failed carbon capture and storage competition process as it launches the first phase of a competition to encourage the development of small modular reactors. Greatrex said a road map for SMRs set to be published by the government over the summer will be key to the success of its efforts.
Utility Week 29th March 2016 read more »
Rolls Royce is suggesting that it can leverage its decades of experience building nuclear power plants for Royal Navy Submarines to build what are called Small Modular (Nuclear) reactors (SMRs). SMRs are an innovative concept in that they get around many of the problems associated with traditional reactors. Rather than having the reactor built onsite as a traditional construction project, the SMRs are built in a factory and then shipped to a site for installation as part of a larger facility. The process of making many reactors over and over again using the same techniques in a factory controlled setting has the potential to lower power generation costs for nuclear by at least 20 percent according to Rolls Royce.
Oil Price 29th March 2016 read more »