Rolls-Royce wins UK small nuclear reactor deal
UNITED KINGDOM, JUN 10 – The UK plans to create 3,000 skilled jobs and generate low-carbon electricity for 3 million homes using Rolls-Royce’s small modular reactors, backed by £2.5 billion government funding.
- On Tuesday, July 23, 2024, Rolls-Royce was announced as the exclusive victor in the UK design competition for small modular nuclear reactors held in Farnborough.
- The announcement follows a two-year government-led procurement process launched in July 2023 aimed at accelerating Britain’s first mini nuclear reactors.
- The UK plans to invest £2.5 billion over four years into Rolls-Royce’s SMR programme which could create 3,000 jobs and supply power for three million homes by the mid-2030s.
- Energy Secretary Ed Miliband announced that the UK is moving beyond its previous stance against nuclear power, with SMRs enhancing energy security, while Rolls-Royce CEO described the development as an important achievement for the company.
- This deal marks a strategic shift endorsing British engineering and supports plans for cleaner energy with SMRs faster to build and smaller than traditional plants.
51 Articles
51 Articles
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UK to Build Britain's First Small Modular Nuclear Reactors With Rolls-Royce's Help
The UK Government has officially chosen British engineering giant Rolls-Royce to develop the country's first fleet of small modular nuclear reactors (SMRs), marking a major milestone in the nation's energy strategy. The announcement was made on Tuesday, 10 June 2025, by Great British Energy (GBE), concluding a two-year competitive selection process. Rolls-Royce emerged victorious over two US-owned firms also bidding for the contract. This strate…
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