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Rolls-Royce secures £450m for mini nuclear reactors venture
The Guardian ^ | November 9 2021 | Jillian Ambrose

Posted on 11/09/2021 3:40:25 AM PST by Winniesboy

Rolls-Royce will move ahead with a multibillion pound plan to roll out a new breed of mini nuclear reactors after securing more than £450m from the government and investors...

The engineering firm will set up a venture focused on developing small modular nuclear reactors, or SMRs, in partnership with investors BNF Resources and the US generator Exelon Generation with a joint investment of £195m to fund the plans over the next three years.... Ministers hope that the new generation of SMRs will be quicker and cheaper to roll out than traditional large-scale nuclear reactors – such as the 3,200 megawatt Hinkley Point C project – which face enormous construction risks, and are prone to spiralling costs and delays... Rolls-Royce has promised to “harness decades of British engineering, design and manufacturing knowhow” to roll out the first of its mini reactors which are based on a similar technology used to propel nuclear submarines....

Each of the initial run of reactors is expected to have a generation capacity of 470MW, or enough to power the equivalent of 1.3m UK homes, and cost about £2bn on average, well below the price per MW sought by developers of large-scale nuclear reactors...

About a fifth of UK electricity is generated by 13 nuclear reactors, but more than half of the country’s 7.8GW of nuclear capacity is due to retire by 2025, leaving a looming gap in the electricity supplies and the risk of a rising reliance on gas power stations.

(Excerpt) Read more at theguardian.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; United Kingdom
KEYWORDS:

1 posted on 11/09/2021 3:40:25 AM PST by Winniesboy
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To: Winniesboy

The biggest cost will be for the matching hides and mohair carpeting to line the reaction chamber. The bespoke seats in the control room will be nice,though.


2 posted on 11/09/2021 4:10:40 AM PST by I-ambush (If we make it we’ll all sit back and laugh, but I fear tomorrow I’ll be crying )
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To: Winniesboy

Lawyers are licking their chops.


3 posted on 11/09/2021 4:37:54 AM PST by Eric in the Ozarks (Baseball players, gangsters and musicians are remembered. But journalists are forgotten.)
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To: Winniesboy

This is GREAT news.

Some small section of the UK govt apparently cares about efficient energy generation, rather than insanely expensive, undeployable windmill energy.


4 posted on 11/09/2021 4:38:01 AM PST by agere_contra
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To: Winniesboy

Sunken costs, irretrievable investments going forward against the BrLP Hydrino ‘reactor’ process ...


5 posted on 11/09/2021 4:39:11 AM PST by _Jim (Save babies)
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To: Winniesboy

Heh, will the control console switches be made by Lucas?

“Lucas: The Father of Darkness”


6 posted on 11/09/2021 5:03:16 AM PST by rlmorel (Leftists are The Droplet of Sewage in a gallon of ultra-pure clean water.)
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To: Winniesboy
Police officer stops me and says “I’m going to search you, do you have anything in you pants which could hurt me?”

Me “Well I do have a mini nuclear reactor in my pocket.....”

7 posted on 11/09/2021 5:55:43 AM PST by Lockbox (politicians, they all seemed like game show hosts to me.... Sting)
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To: rlmorel

Prince of Darkness


8 posted on 11/09/2021 6:22:23 AM PST by dljordan (Slouching towards Woketopia)
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To: Winniesboy

They could make some powerful jet engines.


9 posted on 11/09/2021 6:51:01 AM PST by Larry Lucido (Donate! Don't just post clickbait!)
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To: agere_contra

Holtek, located in Camden NJ, has been developing this for several years.
I believe several third world countries have committed to adopt this technology.


10 posted on 11/09/2021 7:40:15 AM PST by aumrl (let's keep it real Conservatives )
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To: Winniesboy

Now we’re talking

These small nuclear units are precisely what are needed and in time scaled up a little.

Of course, it may be necessary to exterminate ten thousand or so anti nuke women to make a go of it. That collateral damage is worth it for society however /s


11 posted on 11/09/2021 7:46:15 AM PST by bert ( (KE. NP. N.C. +12) Free Republic has gone to hell is a Covid handbasket)
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To: bert
I'm afraid you'd be disappointed. There's rarely been that kind of protest to civil nuclear in Britain (as distinct from political opposition - there's been plenty of that). The Hinkley C behemoth - currently the largest construction site in Europe - is only 25 miles from where I live. It's 5 years since it started, with no trouble whatsoever. Fracking, by contrast, has more or less been brought to a halt by environmental protest.
12 posted on 11/09/2021 11:44:29 AM PST by Winniesboy
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To: Winniesboy

Gas and coal are no good, nuclear is the answer. Put reactors everywhere. What could go wrong?


13 posted on 11/09/2021 11:45:47 AM PST by Vision (Elections are one day. Reject "Chicago" vote harvesting. Election Reform Now. Obama is an evildoer.)
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