My thoughts in Conservative Home on small modular nuclear reactor opportunities:
Click to read the full article by Sanjoy on ConHome
Extract:
Almost six years have passed since I last covered small modular nuclear reactors (SMRs) here on ConHome. In which time we’ve seen four prime ministers, one pandemic and a war in Europe. But this month, SMRs finally made it to the top of someone’s inbox. Via Great British Energy-Nuclear, we now have a commitment to three SMRs at the former Wylfa Magnox site on Anglesey.
SMRs are intended as a quicker and cheaper route to the nuclear power that Westminster considers essential to meeting Britain’s rising demand for electricity. And their developer, Rolls-Royce, sees billions in export potential if they can win the race to market. SMRs certainly sound promising but challenges await.