Designed to attract traditional forms of capital through a low-risk factory-based solution.
By design, our SMR is focused on attracting all forms of private capital to support the build out of global SMR demand. With a proven factory built commoditised approach, our SMR will offer investors and lenders a degree of confidence that will enable future customers to access a range of capital options to finance their SMR purchase.
For nuclear energy to play a meaningful and more significant role in our net zero ambitions, it must be financeable without the need for Government intervention in the long term.
A Rolls-Royce SMR power station will have the capacity to generate 470MW of low carbon energy, equivalent to more than 150 onshore wind turbines. It will provide consistent baseload generation for at least 60 years, helping to support the roll-out of renewable generation.
In addition to stable base load power, Rolls-Royce SMRs will be able to provide energy for the net zero manufacture of green hydrogen and synthetic fuels to support the decarbonisation of transport.
It will occupy approximately one tenth of the size of a conventional nuclear generation site, helping to reduce local environmental impacts. Rolls-Royce SMR will be factory built, enabling completed modules to be transported by truck, train or barge, reducing vehicle movements and completion risk and increasing build time certainty.