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Could Rolls Royce’s Small Modular Reactor Bring Manufacturing Back to Britain?
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Rolls Royce’s Small Modular Reactor (SMR), an opportunity for the United Kingdom. Britain could manufacture mini nuclear reactors/power stations for export in a matter of years.
Britain doesn’t manufacture as much as it used to. What was once a bustling manufacturing economy now has less than 10% of its GDP attributed to manufacturing.
But advances in small modular reactor technology offers opportunity to transform energy grids around the world. And Rolls Royces work in this field offers the UK an opportunity to use this to their advantage.
With an estimated market of $18.8 billion dollars by 2030, could SMRs be the key to help bring some manufacturing back to the shores of the UK? Catch up with France’s intellectual property advantage when it comes to all things nuclear. And secure the nations energy supply with low cost domestic carbon free energy.
Rolls Royce’s small modular reactors offer the prospect of nuclear power stations that can be built anywhere. Other companies like NuScale, TerraPower and Westinghouse are all building SMRs. So how will the battle for market share conclude. Nuclear energy.
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Free pictures and stock footage from:
Wikimedia Commons
Britain doesn’t manufacture as much as it used to. What was once a bustling manufacturing economy now has less than 10% of its GDP attributed to manufacturing.
But advances in small modular reactor technology offers opportunity to transform energy grids around the world. And Rolls Royces work in this field offers the UK an opportunity to use this to their advantage.
With an estimated market of $18.8 billion dollars by 2030, could SMRs be the key to help bring some manufacturing back to the shores of the UK? Catch up with France’s intellectual property advantage when it comes to all things nuclear. And secure the nations energy supply with low cost domestic carbon free energy.
Rolls Royce’s small modular reactors offer the prospect of nuclear power stations that can be built anywhere. Other companies like NuScale, TerraPower and Westinghouse are all building SMRs. So how will the battle for market share conclude. Nuclear energy.
If you want to see more content on energy, geopolitics and our world, subscribe to our channel and hit the bell icon to be alerted to future uploads.
Free pictures and stock footage from:
Wikimedia Commons
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