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Rolls-Royce will build first mini-nuclear reactor in Europe instead of UK, boss warns

Engineering giant’s boss warns of consequences to Britain’s slow decision making

Matt Oliver, INDUSTRY EDITOR22 February 2024

Rolls-Royce will build first mini-nuclear reactor in Europe instead of UK,
boss warns. Engineering giant’s boss warns of consequences to Britain’s
slow decision making. The first Rolls-Royce mini nuclear reactor will be
built in Europe instead of Britain if ministers fail to accelerate
decision-making, the engineering giant’s boss has warned.

Tufan Erginbilgic said he was confident the Derby-based company’s small modular
reactor (SMR) technology was still far ahead of competitors. But he said
time was running out for the UK to benefit from its “first mover”
advantage, as Rolls has also held talks about deploying SMRs in eastern
Europe.

It comes as Great British Nuclear (GBN), the public body set up to
lead the UK’s nuclear power revival, is preparing to choose which SMR
prototypes to support from a shortlist of six companies, including Rolls.
After delays to the process, GBN has promised to unveil winners this
spring. But Mr Erginbilgic warned the selection would “not mean
anything” unless detailed decisions are taken within months on where the
reactors will be built.

 Telegraph 22nd Feb 2024

https://www.telegraph.co.uk/business/2024/02/22/rolls-royce-boosted-post-pandemic-jump-demand-jet-engines

February 25, 2024 - Posted by Christina Macpherson | Uncategorized