Rolls-Royce unveils UK scheme for 16 mini-nuclear plants: A group of UK companies headed by Rolls-Royce has unveiled plans to set up 16 mini-nuclear plants in Britain.
Each condensed nuclear power station will offer 440MW of electricity, that is sufficient to power a city of 450,000 homes for 60 years.
The projects will bolster the government’s jet zero ambition through providing low carbon energy to produce net zero synthetic aviation fuels & hydrogen.
The first unit is anticipated to be running within 10 years of the first order, with the factories capable to produce two units every year from that time going forward – this development is also forecasted to create 6,000 jobs inside the next five years.
Rolls-Royce will present the design and collectively with the partners the construction & delivery of the fleet of new nuclear small modular reactors (SMR) plants.
The scheme is expected to generate approximately 40,000 jobs during the build phase between 2030 & 2050 and bring an predicted gross value added (GVA) indirect contribution of £71 billion to the UK economy.
Rolls Royce expects a UK SMR programme based on 7GW in the UK & a moderate international export of 9GW may deliver a overall benefit to the UK economy of £188 billion for the duration 2015 to 2115.
Tom Samson, interim Chief Executive Officer of the UK SMR Consortium, stated: “We have developed a manufacturing and assembly process that will make reliable, low carbon nuclear power affordable, deliverable and investable.
“By creating a factory-built power station that rolls off the assembly line we have radically reduced many construction risks associated with new nuclear power stations and by using proven nuclear technology alongside standardised and simplified components, we make it much more cheaply.”
Rt Hon Lord Hutton of Furness, Chairman of Nuclear Industry Association & Co-Chair of Nuclear Industry Council announced: “I welcome the commitment of the UK SMR Consortium to this programme and firmly believe it is fundamental for the UK to meet its 2050 decarbonisation targets and will deliver secure, reliable and affordable electricity for generations to come.”
Rolls-Royce unveils UK scheme for 16 mini-nuclear plants