Rolls-Royce optimistic that its SMR design will be approved quickly

Rolls-Royce SMR, the UK-based global power and propulsion system manufacturing group Rolls-Royce’s small modular nuclear reactor (SMR) subsidiary, hopes that it will receive UK regulatory approval for its design in about two years, and be generating power before the end of this decade. So Rolls-Royce SMR chairperson Paul Stein has told the Reuters news agency. The regulatory approval process for the SMR began last month. “[It] will likely complete in the middle of 2024,” he said, “we are trying to work with the UK Government, and others to get going now placing orders, so that we can get power on grid by 2029.”