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University of Sheffield gets into the nuclear debt web, partnering with Rolls Royce to make “small” nuclear reactors

New facility will help de-risk and underpin the Rolls-Royce SMR programme

De-Risking, is a strategy that companies apply when they cannot manage the money laundering risks that they have obligations to. )

Mirage News, 21 May 24

  • The University of Sheffield and Rolls-Royce SMR are setting up a multi-million pound manufacturing and testing facility in South Yorkshire
  • Based in the University of Sheffield AMRC’s Factory 2050, the new facility will produce prototype modules for small modular reactors (SMRs)
  • New facility will help de-risk and underpin the Rolls-Royce SMR programme that aims to deploy a fleet of factory-built nuclear power plants in the UK and across the world

…………………… The first phase, announced today, is worth £2.7 million and will be part of a wider £15+ million package of work that will further de-risk and underpin the Rolls-Royce SMR programme.

The new facility at the University of Sheffield AMRC will produce working prototypes of individual modules that will be assembled into Rolls-Royce SMR power plants.

The Rolls-Royce SMR programme is UK’s first home-grown nuclear technology for over a generation and today’s announcement is another vital step towards deploying a fleet of factory-built nuclear power plants in the UK and around the globe.

Victoria Scott, Rolls-Royce SMR’s Chief Manufacturing Engineer, said: “Our investment in setting up this facility and building prototype modules is another significant milestone for our business.

“Our factories will produce hundreds of prefabricated and pre-tested modules ready for assembly on site. This facility will allow us to refine our production, testing and digital approach to manufacturing – helping de-risk our programme and ensure we increase our delivery certainty.  https://www.miragenews.com/rolls-royce-smr-sheffield-uni-launch-new-1238675/

May 22, 2024 - Posted by | business and costs, Education, UK

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