Rolls-Royce secures £450m for mini nuclear reactors venture
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…
Source: http://freedombunker.com/2021/11/09/rolls-royce-secures-450m-for-mini-nuclear-reactors-venture/
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