Rolls-Royce Emerges Victorious in UK Nuclear Competition, Leaving Bill Gates Behind

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Source: OilPrice.com
Rolls-Royce Emerges Victorious in UK Nuclear Competition, Leaving Bill Gates Behind
Photo: OilPrice.com
TL;DR Summary

Rolls-Royce has been selected as one of the six companies to advance to the next stage of the UK government's competition for scaled-down nuclear power plants, while Bill Gates' nuclear reactor design company Terrapower has been excluded. The remaining contenders include EDF, GE-Hitachi, Holtec Britain, Nuscale, and Westinghouse Electric. Terrapower may still feature in an upcoming consultation on advanced technology. Small modular reactors are a key part of the UK's plan to revive domestic nuclear energy, with the aim of increasing nuclear generation from 7GW to 24GW by the mid-2030s.

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