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Ineos corporation to join Rolls Royce’s messy consortium, to push for Small Nuclear Reactors in the Great British Nuclear Swindle

 Rolls-Royce is in talks with Ineos to build a mini nuclear reactor to power the chemicals group’s Grangemouth refinery.

Rolls is heading a government-backed consortium to develop between 20 and 30 small modular nuclear reactors but is in need of customers to help to reduce the risk of the venture.

Ministers are finalising plans to support SMRs through a body called Great British Nuclear, which will be responsible for getting
planning permission and undertaking the preparation work on the new sites. Rolls’ talks with Ineos, first reported by The Sunday Telegraph, are understood to be at an early stage. Ineos’s Grangemouth refinery in Scotland is a joint venture with PetroChina and refines crude oil and produces chemicals.

 Times 28th Nov 2022


November 28, 2022 - Posted by | business and costs, Small Modular Nuclear Reactors, UK

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