“Rolls-Royce has unique capabilities in nuclear as the only company globally with full lifecycle experience, end-to-end capability and an established supply-chain.”
“Delivering our three SMRs will enable us to support an average of almost 8,000 highly skilled UK jobs per year and accelerate the delivery of power to the grid, reducing energy bills, to the mid-2030s,” Tufan adds.
“We are also pleased to announce we have entered the US regulatory process for our SMR, a critical step to paving the way for additional jobs and investment potential in the US.”
Meeting energy supply needs
The focus on advanced nuclear technologies is expected to deliver more than just employment opportunities in the UK.
Through the partnership, the UK will foster a golden era of nuclear energy, providing cleaner, locally sourced power, thereby reducing household energy bills.
Rolls-Royce’s SMRs will offer about 470 megawatts each, catering to the increasing energy demand across the UK.
This demand is expected to scale up significantly in the US, from 100 gigawatts equivalent (GWe) to 400 GWe by 2050.
Rolls-Royce emphasises the need for dependable, scalable power solutions across the civil, defence and industrial sectors, especially as digital advancements continue to propagate.
Secure, scalable and reliable energy becomes increasingly vital as the demand for digital and artificial intelligence-powered solutions grows.
