The UKSMR (UK small modular reactor) consortium led by Rolls-Royce has joined the Brussels-based European nuclear industry group Foratom, Rolls-Royce announced.
The consortium is designing a low-cost factory built SMR. According to Rolls-Royce, the plant’s standardised, factory-made components and advanced manufacturing processes push costs down, while the rapid assembly of the modules and components inside a weatherproof canopy on the power station site itself avoids costly schedule disruptions.
Tom Samson, interim chief executive officer of the UKSMR consortium, said nuclear power is central to tackling climate change, economic recovery and energy security. “To do this it must be affordable, reliable and investable and the way we manufacture and assemble our power station brings its cost down to be comparable with offshore wind.”
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