The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
"Successful bidders’ technologies will be allocated sites and incorporated into projects, and bidders will receive funding to develop their technology"
Am I missing something? I would have thought that when companies submit their bids they have finalised the development of technology in their SMR model.
I don't believe tenders submitted can be fully trusted. How many projects in the UK and elsewhere have seen 'costs' increased. The most obvious and recent one is HS2 where billions more have been added.
Would it be a tactical for American companies to submit a low prices then add...?
Noch...
Thanks for giving us a chance to read this article outside of the Times.
Sure, the demand for single aisle planes are increasing but it has been shown, especially in China, that with the volume of passengers growing for short journeys, wide body aircraft is more economical rather than more narrow body aircraft.
RR is complimented by govt. on SMRs. see at 14.34...
https://www.bbc.co.uk/iplayer/live/bbcparliament
Well, for me it was a bit of a struggle understanding the financial lexicon expressed by everyone at this meeting.
Two of our concerns - dividend and SMR were not really expanded upon by both questionnaires and the CEO but because of that, their confidence was overwhelming and these two issues are not in any way, a problem. Things will even get better!
In this government report 3 days ago RR is mentioned as usual which can't be ignored...
https://researchbriefings.files.parliament.uk/documents/CDP-2024-0036/CDP-2024-0036.pdf
"In the 2022 British Energy Security Strategy, the government committed to
taking at least one SMR project to final investment decision in the next
Parliament.15 The Rolls-Royce 470 MW SMR76 has received the most UK
Government support so far, receiving £210 million in 2021 that was matched
by £280 million of private investment."
Here's a small quote from the Times...
https://electricityinfo.org/news/heysham-3-4/
I would like to think that a positive announcement on the development and research on hydrogen engines could be made given the time that both RR and EasyJet have invested on this project.