Rolls-Royce secures £450m for mini nuclear reactors venture

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Rolls-Royce secures £450m for mini nuclear reactors venture
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Engineering firm to proceed with rollout after UK government agrees to match consortium’s investment

Ministers hope that the new generation of SMRs will quicker and cheaper to roll out than traditional large-scale nuclear reactors – such as the 3,200 megawatt Hinkley Point C project – which face enormous construction risks, and are prone to spiralling costs and delays.

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