Starmer was making all the right noises I thought but will he actually get on with it. Take some decisions asap.
Red tape in the UK is mad. No doubt whatever is decided govt quango Natural England will have a view along with assorted pressure groups and no doubt the courts. They really do need to cut off the myriad of appeal opportunities which only delay projects ad infinitum. |
What a load of tosh ! |
1rtb, did you just copy and paste that from the RR thread. Perhaps you ment to change Westinghouse to RR? |
Will take years to raise profits from sm,rs twice the cost of Westinghouse and no power station experience.. |
Will take years to raise profits from sm,rs twice the cost of Westinghouse and no power station experience.. |
The FTSE 100 manufacturer Rolls-Royce, which hopes to build several SMRs within the next decade, has previously criticised government delays to the competition to procure the reactors. Rolls-Royce is up against three North American rivals.
Starmer acknowledged that the government needed to “make decisions more quickly” and said Thursday’s announcement was a “great opportunity” for companies such as Rolls-Royce, which he said was “among the best in the world”. |
I was going to edit the bloke on the right out :-) |
Listening to Starmer today it must be in the bag. Finance and timescales are all important.
It will take several years before the first station is up and running. At around 450mw per what will be the increase in RR. turnover and cash flow? |
Thanks Roger for the correction on the AUKUS deal. |
That is absolutely correct Roger |
If there are 8 available sites for SMRs the govt should award 6 to RR and only 2 to the US to keep them sweet. Build content should be at least 90% UK. |
I dont think so. Australia has purchased 3 Virginia class submarihes from USA and the AUKUS project will develop the UKs Astute class "SSNR" using RR technology to build 5 more submarines (termed AUKUS-SSNR) with increased Australian content for which Australia is developing a local supply chain. |
There are meant to be two companies awarded the initial build agreement. I think they are all US apart from RR of course. I suspect it would be unthinkable to not have RR as one of the two selected especially in light of the recent £9bn nuclear reactor contract for our navy's submarines.
I think the pressure from the Americans be applied in the AUKUS sub deal wherein those sub's will be powered by US reactors rather than RR's.
In a perfect world RR would be making SMR's on the back of the navy reactor deal as I'm guessing the technology is very similar. Economies of scale kick in and both our defence ministry and energy ministry reap the benefits.
Sadly, it's far from a perfect world. |
Perhaps he will seek advice from the President of Mauritius |
Fingers crossed they go for RR as it's the right thing to do unless Trump has Starmer by the nads with 3 US companies waiting in the wings. Surely he has to go British! |
SKYNEWS:
Nuclear Energy
Small modular reactors will be allowed to be built in the UK
PM to scarp red tape to build nuclear reactors.
"Build, build, build - that is what Britain's clean energy mission is all about," he said. |
Careful , we are all entitled to our own opinions, personally I think your talking dribble when you say SMRs are all priced in , but as ever we shall see |
Problem here is that with a market cap of £50bn all of the most optimistic assumptions about Mini Nukes are already baked into the price.
RR was only valued at about £7bn 3 years ago. |
Slight understatement ! |
Millie and is a waste of space. |
Anything new |
Miliband interview with Jeremy Vine R2 |