Rolls-Royce creates new firm to build up to 16 small nuclear reactors

Rolls-Royce small modular reactor

Source: Rolls-Royce

Reactors would cost around £2bn each and be about a tenth of the size of full scale plants

Up to 16 small nuclear reactors could be built across the UK following the creation of a firm by Rolls-Royce to develop the schemes.

A £195m cash injection from private firms and a £210m grant from the government has been used to set up the Rolls-Royce Small Modular Reactor (SMR).

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