UK House of Lords Report on Small Modular Nuclear Reactors’ non progress


Potential Challenges The ‘first of a kind’ build cost for any commercial SMR would be comparable to that of a conventional large reactor and would therefore need Government support. Cost savings for manufacture will typically only be realised after 10 or more reactors have been built, which is likely to be bigger that the UK market for SMRs. SMRs have the potential to both increase and decrease the proliferation risk depending upon the type of SMR produced.
We are disappointed that the Government launched a competition for SMRs and has not kept to its stated timetable. This has had a negative effect on the nuclear sector in the UK and if the Government does not act soon the necessary high level of industrial interest will not be maintained. It is particularly alarming that the results of Phase One of the competition, which does not involve the selection of an SMR design, have yet to be announced by the Government.
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