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Rolls Royce hyping up risky and unproven small nuclear reactors

The seeds of a recovery are in place. The company’s nascent small
modular nuclear reactor operation is hugely promising. They can be built
for a fraction of the cost [ed -this is a dubious claim] and are much quicker to assemble. The Government
has thrown its weight behind the technology with £210m of grants. Yet the
project will require four new factories to be built and the first reactor
isn’t expected until 2029. There are high hopes, too, for a move into
electric powered planes and clean fuel. With a cutting edge in combustion
engines that burn hydrogen or artificial fuels, the real elephant in the
room for Rolls is decarbonisation. Yet, the newer technologies it is
pouring money into are risky and unproven.

 Telegraph 27th July 2022

https://www.telegraph.co.uk/business/2022/07/27/rolls-royce-existential-crisis-new-unknown-b

July 25, 2022 - Posted by | spinbuster, UK

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