RE: RR SMR8 Sep 2022 08:14
Like this bit
Rolls-Royce has been building small reactors to power our Royal Navy submarines for decades, so one would think the UK well placed to be the first nation to have one up and running.
The benefits are very clear, and I am sure that the list will be added to in this debate. Each single reactor from Rolls-Royce generates approximately 470 MW of energy, enough to power 1 million homes. They cost only £2.2 billion each, versus the £20 billion that their bigger brothers cost. Once the first five reactors are built, the concept can be proven and we can start looking at exports. The export market for Rolls-Royce is worth £54 billion to the UK. This will not only help the UK, but help other nations to address their crippling energy prices and meet their COP26 targets.