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Rolls Royce wants to make sure that the tax-payer cops the cost of their small nuclear reactor folly

Rolls-Royce calls on government for more clarity on nuclear.  https://www.energylivenews.com/2023/01/26/rolls-royce-calls-on-government-for-more-clarity-on-nuclear/

Executives of the engineering giant have cited Britishvolt as an example of a company which committed to a factory without having orders.

Dimitris Mavrokefalidis

Rolls-Royce has urged the government to provide more clear vision of its target to roll out 24GW of nuclear power generation by 2050.

During a session at the House of Commons Welsh Affairs Committee, asked when Rolls-Royce will start the process of building its first Small Modular Reactor factory, Alastair Evans, Director of Corporate and Government Affairs at Rolls-Royce SMR, said: “If you look at the Britishvolt example, that is an example of a company that committed to a factory without orders. We don’t have clarity on orders in the UK.

“So, as soon as we have that clarity that the UK Government wants to deploy Rolls-Royce SMRs, we will be able to get the first factory moving, but our shareholders need that clarity. Britishvolt is a very good example of where you try and run a business and build a factory and get things moving without that certainty, orders and customers.”

A few days ago, company representatives visited the first four sites which have the potential to host 15GW of new nuclear power capacity.

Mr Evans confirmed that once Rolls-Royce receives the green light from the government, then the whole process around the development of its first SMR facility will accelerate.

He said: “That was the purpose of doing our planning processes, getting the selection of our heavy pressure vessel sites – we’ve got 600 people in the Rolls-Royce SMR business today. So we are set up to deliver at pace. We are 600 UK-based workers looking at manufacturing, assembly, lead skills, and module concept. We are ready to go.” 

January 28, 2023 - Posted by Christina Macpherson | business and costs, politics, Small Modular Nuclear Reactors, UK