Today Trudy joined North West Nuclear Arc colleagues to discuss how Small Modular Reactors deliver on clean energy, new jobs and growth for UK businesses.
A meeting of the North West Nuclear Arc’s cross party MPs group was held Friday 5th February with UKSMR and UKRI to learn about UKSMR’s Small Modular Reactor (SMR) design. SMRs are nuclear fission reactors which are smaller than conventional reactors. This allows them to be manufactured at a plant and brought to a site to be assembled, which potentially makes them cheaper and faster to build.
Attended by MPs and stakeholders from business, public sector and academia the discussion focused on UKSMR’s plans to establish an SMR delivery Alliance to accelerate SMR deployment. The Delivery Alliance will plan a new delivery model that minimises HMG intervention requirements and maximises HMG returns, secures commercial investment for the first unit and transitions rapidly to pure commercial financing for a UK fleet. This will make SMRs cheaper and faster to deploy creating jobs, business opportunities and driving growth in areas of economic disadvantage.
The North West Nuclear Arc (NWNA) has the UK’s key sites for SMR deployment. Stretching from Snowdonia to West Cumbria and existing nowhere else in the world, NWNA is home to a unique, end-to-end nuclear system of nuclear research and development, energy production, waste management, and decommissioning.
Trudy, said: Interest is growing in the potential for small modular reactors to provide low-cost, low-carbon energy – and Cumbria is well-placed to lead the charge, with huge potential to power the nation.
"The Prime Minister has set out an ambitious Ten Point Plan for a Green Industrial Revolution covering clean energy, transport, nature and innovative technologies, which is a blueprint to allow the UK to forge ahead with eradicating its contribution to climate change by 2050. There is a demonstrable need for clean, low carbon electricity now and long into the future, and investment in energy infrastructure can and will be at the forefront of economic recovery."
NWNA’s members account for £1 of every £50 of UK economic output, support 58,000 jobs including 3,000 apprentices, and generate 3.6GW of clean energy. NWNA is uniquely positioned to help the UK Government deliver on its Green Industrial Revolution by providing reliable, clean energy, exciting careers for young people and growth opportunities for UK firms.
Al Mather, NWNA Director, said ‘The Government’s Ten Point Plan for a Green Industrial Revolution clearly backs SMRs, committing £215million to SMRs to power the UK towards Net Zero carbon by 2050. NWNA with its existing nuclear sites, highly skilled people, supportive communities and global nuclear supply chain would provide a great home for this new technology.’