Rolls-Royce expects UK approval for small nuclear reactors by mid-2024

Boss says he hopes to be providing power to the national grid by 2029

Rolls-Royce is to start building parts for its small modular nuclear reactors in anticipation of receiving regulatory approval from the British government by 2024, one of its directors has said.

Paul Stein, the chairman of Rolls-Royce SMR, a subsidiary of the FTSE 100 engineering company, said he hoped to be providing power to the UK’s national grid by 2029.

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(SOURCE) https://www.theguardian.com/business/2022/apr/19/rolls-royce-expecting-uk-approval-for-small-nuclear-reactors-by-mid-2024

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