Negotiations Begin for UK’s Small Modular Reactor Programme
- Date: 2024-11-11 17:28
- Source: GOV UK
Key Points:
- The UK government has launched negotiations with potential investors to develop the country’s first small modular reactor (SMR) programme.
- SMRs are a type of nuclear reactor that is smaller and more flexible than traditional nuclear power plants.
- The government believes that SMRs have the potential to play a significant role in the UK’s future low-carbon energy mix.
- The negotiations will focus on securing investment and developing a roadmap for the deployment of SMRs in the UK.
- The government is targeting the deployment of 5 GW of SMR capacity by 2035.
Background:
The UK government has set a target of net zero greenhouse gas emissions by 2050. Nuclear power is seen as a key part of the country’s plans to achieve this target.
SMRs are a relatively new technology, but they have the potential to offer several advantages over traditional nuclear power plants. They are smaller, more modular, and can be built more quickly and cheaply. They also produce less waste and are more flexible in terms of their siting requirements.
The UK government believes that SMRs could play a significant role in the UK’s future energy mix. They could provide a clean and reliable source of baseload power, and they could also be used to provide heat and hydrogen for industrial processes.
Negotiations:
The UK government has launched negotiations with a number of potential investors in the SMR programme. These negotiations will focus on securing investment and developing a roadmap for the deployment of SMRs in the UK.
The government is targeting the deployment of 5 GW of SMR capacity by 2035. This would be enough to power around 5 million homes.
Conclusion:
The launch of negotiations for the UK’s SMR programme is a significant step forward in the country’s plans to achieve net zero greenhouse gas emissions by 2050. SMRs have the potential to provide a clean and reliable source of baseload power, and they could also be used to provide heat and hydrogen for industrial processes. The government’s target of deploying 5 GW of SMR capacity by 2035 is ambitious, but it is achievable with the right investment and the right regulatory framework.
Negotiations begin for UK’s small modular reactor programme
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