Rolls-Royce scales back plans to build nuclear factories in UK
Curtailing comes after repeated delays to an ongoing government design competition
Rolls-Royce has scaled back plans to build two new factories for its small
modular reactor (SMR) programme in the UK, following delays to a government
design competition. The FTSE 100 company had originally proposed one
factory to make heavy pressure vessels for its SMRs and another to make the
building blocks of the reactors.
It had drawn up a final shortlist of
locations for the pressure vessels factory, including the International
Advanced Manufacturing Park on the outskirts of Sunderland, Teesworks in
Redcar and the Gateway industrial park in Deeside, Wales.
But on Friday Rolls confirmed it no longer intends to proceed with that plan because
there is no longer time to build the factory and make the first pressure
vessels for the early 2030s, when it hopes to complete its first SMRs.
It is still proceeding with work to build the second factory, however. The
company had been waiting for the outcome of an ongoing SMR design
competition in the UK ā first announced by the Government in 2015 ā
before it made a decision on the pressure vessel plant.
But that competition has been repeatedly delayed, with the arms-length body Great
British Nuclear only formally created last summer and winners not due to be
announced until this June at the earliest. Instead the engineering giant
will now buy its heavy pressure vessels from a third party supplier. The
large, metal components sit at the heart of nuclear reactors and must be
able to withstand extremely high temperatures and pressures. They are only
made by a select group of companies, partly due to the need for specialist
welding techniques.
Rolls is still pressing ahead with plans to build its
second factory, which will build the modular units that make up its SMRs.
It is understood that sites shortlisted for the pressure vessel factory
will also be contenders for the second plant but no decisions have been
made.
Telegraph 27th April 2024
https://www.telegraph.co.uk/business/2024/04/27/rolls-royce-plans-build-smr-water-vessel-factory-uk
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