Rolls Royce’s frustration as government holds back on orders for mini nuclear reactors

By Daniel Gayne2023-01-10T11:10:00

Treasury will reportedly not sign off on investment until technology approved by regulators

A funding deal for the first fleet of mini nuclear reactors may not materialise for another 12 months, to the dismay of domestic leaders in the technology.

The government made small modular reactors a central element of its plans to generate 24GW of energy from nuclear by 2050, but according to The Times there is significant uncertainty in Whitehall over the scale and state of investment plans.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community