26.09.2017_No192 / News in Brief

The Cost Of SMRs: How Rolls-Royce Aims To Compete With Wind And Solar

Research & Development

26 Sep (NucNet): The UK nuclear industry is hoping that claims by Rolls-Royce that small modular reactor (SMR) projects could deliver electricity for a similar cost to offshore wind will provide much-needed impetus to government plans for the country to develop a “best value” SMR and put it into commercial operation by the end of the next decade. Rolls-Royce and its consortium partners, including Amec Foster Wheeler, Arup, Laing O’Rourke and Nuvia, say the UK SMR they are developing could produce energy for as low as £60 (€66, $79) per MWh, which is competitive against wind and solar and significantly lower than the £92.50 per MWh agreed by the government and project developer EDF for the new Hinkley Point C nuclear station. However, Rolls-Royce also warned in its report that the government needs to “move forward with pace” towards establishing the conditions required for a UK SMR to flourish. In a special report for subscribers, NucNet editor-in-chief David Dalton looks at the prospects and viability of commercial deployment of SMRs – and the challenges that lie in the way. Full report online: http://bit.ly/2xueDoe

Related reports in the NucNet database (available to subscribers):

Source: 

NucNet

Editor:

Kamen Kraev

© NucNet a.s.b.l Brussels, Belgium

Design a Mobile Site
View Site in Mobile | Classic
Share by: