Amid the dash for net-zero the role of nuclear reactors has been divisive, but with the clock ticking the UK seems set to introduce small scale nuclear reactors to the grid.
Pioneers in the area Rolls-Royce are said to have secured funding from a consortium of investors to create an initial four Small Modular Reactors (SMR). Such a move would do much to alleviate the issues that have dogged nuclear power in the UK.
The Government has pledged £210m in funding, if that could be matched by private capital. That private capital now seems to have been raised.
At the heart of the SMR concept is the use of proven technology, allowing off-site modular construction using standard components and advanced manufacturing techniques, making them small, affordable and flexible with the ability to generate nearly 500 MW of power.
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