RE: Small Modular Reactors29 Sep 2021 21:04
"One of the beauties of the SMR approach, is it becomes quite a low-cost source of energy for other parts of the decarbonisation scene, such as hydrogen and synthetic fuel," he said. One UK SMR and plant will be able to produce 170 tonnes of H2 or 280 tonnes of net-zero synthetic fuel per day, he added.
Rolls-Royce believes it will also be able to produce synthetic kerosene as a substitute to Jet A fuel "at around about twice the price" of fossil fuel-based kerosene.
"That isn't really that bad and gets us into the territory of being a believable option," he said. "Aviation globally needs 500 million tonnes of Jet A by 2050, so there's a massive industry building up in its own right alongside hydrogen and alongside grid power. The global market by 2040 is more than 500 million tonnes of synth fuel per year."