SMR - Thoughts???17 Nov 2021 09:13
LONDON, Nov 17 (Reuters) – Rolls-Royce has asked Britain's government for clearance to begin the 4-5 year long process of seeking regulatory approval for its small modular nuclear reactor, it said on Wednesday, the first step towards commercializing the technology. Britain earlier this month backed a $546 million funding round at the company to develop the country's first small modular nuclear reactor (SMR), in a drive to reach net zero carbon emissions and promote new technology with export potential.
This spells longevity for me... 4-5 years of recovery, funding rounds and so on... then if/when they receive regulatory approval - boom.