The UK's countryside could be filled with small nuclear reactors after billionaire announces £35bn new…
- Polish billionaire Michał Sołowow's SGE announces £35bn plan to build 14 GE Vernova Hitachi BWRX-300 reactors across three UK sites
- The project aims to deliver 4.2GW of power starting in 2034, effectively powering 8m homes for over 60 years
- The project is looking to secure government backing, with guaranteed prices intended to be locked in for the power producer before it would be offered to investors
Small modular nuclear reactors seem to be back in favor globally, and a consortium of investors is now looking to bring the technology back to the UK as part of a push to both meet environmental goals and increase energy security in an increasingly volatile world.
Poland-based SGE (Synthos Green Energy) is looking to build up to 14 reactors across three locations in the UK, with six at its primary site and four each at its two secondary sites.
With an estimated build-out cost...
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