Rolls-Royce Bags Third European SMR Deal While Adding Gas-Cooled Reactor Design

Rolls-Royce SMR has recently made significant progress in the nuclear energy sector, securing multiple contracts in Europe.

● Rolls-Royce won its third major contract in Europe, partnering with Videberg Kraft and Sweden’s Vattenfall to design three new nuclear units, marking Sweden's first nuclear plant in over 40 years.

● The company has existing agreements in the UK and Czech Republic, establishing it as the only small modular reactor (SMR) developer with multiple commitments in Europe.

● Earlier this year, Rolls-Royce entered a contract with Great British Energy for units at Wylfa, North Wales. The Czech Republic has plans targeting 3 GW capacity with Rolls-Royce’s technology.

● Rolls-Royce, alongside UK and Japanese partners, signed agreements to advance High-Temperature Gas-Cooled Reactor (HTGR) technology and develop a new type of nuclear fuel.

● Despite growing plans, Rolls-Royce faces delays in its nuclear projects due to challenges with nuclear-grade materials and site preparation.

Rolls-Royce's advancements in nuclear technology signal a strong role in Europe’s energy landscape, despite facing operational hurdles. 

https://www.zerohedge.com/energy/rolls-royce-bags-third-european-smr-deal-while-adding-gas-cooled-reactor-design