Rolls Royce’s frustration as government holds back on orders for mininuclear reactors.
Treasury will reportedly not sign off on investment until
technology approved by regulators. A funding deal for the first fleet of
mini nuclear reactors may not materialise for another 12 months, to the
dismay of domestic leaders in the technology. The government made small
modular reactors a central element of its plans to generate 24GW of energy
from nuclear by 2050, but according to The Times there is significant
uncertainty in Whitehall over the scale and state of investment plans.
Building 10th Jan 2023
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