Rolls Royce micro nuclear SMR reactor at an air force base

Rolls-Royce Nuclear Secures Major Micro Reactor Contract

John Konrad
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September 21, 2024

In a move that could redefine the global energy landscape and eventually bring emissions-free energy to shipping, Rolls-Royce has inked a deal with the Czech Republic to deploy its next-generation micro nuclear reactors. As the world scrambles to decarbonize, these compact powerhouses promise a revolution in how we think about nuclear energy.

Rolls-Royce’s small modular reactors (SMRs) are designed to be everything traditional nuclear plants are not: smaller, cheaper, and quicker to build. The British engineering giant claims these reactors, which can be factory-built and shipped to site, will drastically cut down the time and cost associated with nuclear power, providing a much-needed shot in the arm for an industry often criticized for being unwieldy and over-budget. These reactors are not ready for ships yet but industry experts hope that landside contracts like this will eventually find their way offshore.

“This decision, to select Rolls-Royce SMR from a list of seven potential SMR technology providers, follows a rigorous evaluation process,” said Rolls-Royce’s Dan Gould. “Rolls-Royce SMRs will reduce the reliance on imported energy and support the global effort to reach net zero.”

The deal marks a step forward as Rolls-Royce plans to secure contracts across Central and Eastern Europe, markets hungry for reliable, low-carbon energy sources. With a footprint smaller than a football field, these reactors could power cities, industrial complexes, or even remote military installations, all while obviating the public resistance often faced by traditional nuclear projects.

Rolls-Royce isn’t stopping with the Czech Republic. The company has already entered into agreements with UK-based companies and is eyeing partnerships in the United States and beyond. “This is not just about one deal,” says Tom Samson, CEO of Rolls-Royce SMR. “This is about transforming the global energy market.”

But there are challenges ahead. While SMRs are touted as a faster, cheaper alternative to traditional reactors, they still face regulatory hurdles and public skepticism. Questions remain about waste disposal and the security of small, dispersed nuclear sites. For now, Rolls-Royce is banking on the promise of a cleaner, more versatile nuclear option that can plug into existing grids or operate off-grid in more remote locations, possibly one day even aboard ships.

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