RE: RE: SMR UK GOV12 Mar 2025 18:48
Sparky, the privately funded approach to SMRs was paramount 18 months ago with individual companies “showing interest” in all the four contenders left in the “competition” the UK decided to progress (and I have to agree, many moan about it, but it puts a dead end to any progress for those not chosen wish to take (tender faintness etc).)
Private companies wanting to enter agreements back then will have to abide by the UK’s level of diligence (in short, the UK will not allow SMR tech to be utilised by private or public companies under the due diligence is completed).
At that time (coming weeks) the agreement for national roll out for state funded SMR roll out will be announced and those companies with speculative contracts with the other competitors will cease all progression.