Rolls-Royce has claimed that if Britain takes the lead in developing a new generation of mini nuclear reactors, it could create over 40,000 highly skilled jobs.
This statement comes after Rolls-Royce announced it is heading a consortium competing in the Government’s £250m competition to develop “small modular reactors”.
The British Government believes these mini-nuclear power plants are the future and could play a crucial role in securing Britain's future energy supply.
Harry Holt, head of Rolls-Royce’s nuclear business, comments: “The ‘Britishness’ of our proposal is very strong - we’re talking about high-value intellectual property being created here and the UK content is very high. This is not a case of British companies doing low-value work such as pouring the concrete for the building work.”
Roll-Royce will face stiff competition. Other participating companies will include: NuScale Power, EDF, and Chinese nuclear company CNNC.
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