nuclear-news

Great British Nuclear competition winners announcement still ‘around Spending Review’

13 Feb, 2025 By Tom Pashby

Great British Nuclear (GBN) has confirmed that the winners of its small modular reactor (SMR) competition will still be announced around the time of the Spending Review on 11 June 2025, despite reports that it would take place on 26 March at the Spring Statement.

GE-Hitachi, Holtec Britain, Rolls-Royce SMR and Westinghouse Electric Co. were announced as the final four companies in contention following the conclusion of the initial tender
stage at the end of September. NuScale dropped out at this point, while EDF
exited the competition in July when it failed to submit documents before
the deadline.

GBN completed two rounds of assessment with the four
shortlisted companies and is now entering negotiations ahead of the
submission of final tenders. The nuclear body said in November 2024 it had
started “detailed negotiations” with the four small modular reactor
(SMR) developers remaining in its competition for deployment in the UK. GBN
debunks financial news site report. Financial news site The Motley Fool
reported on 11 February that the announcement was “expected to be
announced by Great British Nuclear on or around the time of the Spring
Budget Statement, scheduled for 26 March”.

New Civil Engineer 13th Feb 2025, https://www.newcivilengineer.com/latest/great-british-nuclear-competition-winners-announcement-still-around-spending-review-13-02-2025/

February 15, 2025 - Posted by Christina Macpherson | Small Modular Nuclear Reactors, UK