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The News That Matters about the Nuclear Industry

Brexit is mucking up Britain’s Small Modular Nuclear dreams

Brexit Threatens U.K.’s Nuclear Renaissance Dream, Tories Told, Bloomberg, By Jess Shankleman, 3 Oct 17,

  • Rolls-Royce says government may annnounce nuclear winners soon
  • Tight migration policies after Brexit may hold back industry

Britain’s plan to spend billions of pounds on a fleet of new nuclear reactors could be stopped in their tracks if Prime Minister Theresa May ends the rights of skilled European migrants to work in the nation after it leaves the European Union.

That’s the warning delivered on Monday by Rolls-Royce Holdings Plc and other nuclear energy experts to Conservative Party members at their annual conference in Manchester, northwest England. The company also outlined plans to invest in new modular atomic power plants.

 In the coming month, ministers are due to announce the results of a 250 million-pound ($213 million) competition for funding to research and develop small modular nuclear plants, said David Orr, Senior Vice President of Nuclear at the British manufacturing icon. Rolls-Royce is bidding to participate, he said…….

But the future of both the modular and traditional reactors like the ones being built by Electricite de France SA at Hinkley Point in western England is at risk from the U.K. exiting the EU, he said. That’s because the industry relies on engineers from overseas and because there is still a question mark over whether and how the U.K. could leave Euratom, the European Atomic Energy Community regulator that oversees the industry.

Read More About Why Brexit’s Going Nuclear Over Treaty Withdrawal

About a quarter of people who work in scientific industries like nuclear power come from outside the U.K. and about half of those are from the EU, Sarah Main, director of the Campaign for Science and Engineering, said at the conference…….https://www.bloomberg.com/news/articles/2017-10-02/brexit-threatens-u-k-s-nuclear-renaissance-dream-tories-told

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October 4, 2017 - Posted by | politics, politics international, UK

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