XPost: misc.news.internet.discuss   
   From: here@is.invalid   
      
   Rolls-Royce set for funding fillip to build nuclear power stations   
   based on small modular reactor technology   
   ...   
   ...   
   Warren East, Rolls-Royce CEO said in a statement that "With the   
   Rolls-Royce SMR technology, we have developed a clean energy solution   
   which can deliver cost competitive and scalable net zero power for   
   multiple applications from grid and industrial electricity production   
   to hydrogen and synthetic fuel manufacturing. The business could   
   create up to 40,000 jobs, through UK deployment and export enabled   
   growth. As a major shareholder in Rolls-Royce SMR, we will continue to   
   support its path to successful deployment."   
      
   SMRs are much smaller than the current generation of nuclear reactors   
   under construction. While Hinkley Point C, currently being built by   
   EDF in the west of England, is expected to produce 3,200MW of   
   electricity +IBM- around 7 per cent of the UK's consumption +IBM- SMRs are   
   expected to produce 300MWe per unit. Rolls-Royce said one of its SMR   
   power stations will have the capacity to generate 470MW of "low carbon   
   energy."   
      
   But what SMRs lack in economies of scale, they make up for in modular   
   design and off-site construction. The International Atomic Energy   
   Authority says that "prefabricated units of SMRs can be manufactured   
   and then shipped and installed on-site, making them more affordable to   
   build than large power reactors, which are often custom designed for a   
   particular location, sometimes leading to construction delays. SMRs   
   offer savings in cost and construction time, and they can be deployed   
   incrementally to match increasing energy demand."   
      
      
   https://www.theregister.com/2021/11/09/rollsroyce_smr_funding/   
      
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