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Rolls-Royce SMR was chosen to supply three small modular reactor units for a project on Sweden's west coast. The selection adds to existing agreements in the United Kingdom and Czechia.
ukdefencejournal.org.ukRolls-Royce SMR was selected to deliver three small modular reactor units for Sweden's first new nuclear power plant in more than 40 years. Videberg Kraft, backed by utility Vattenfall, chose the United Kingdom design for the west coast project. The multibillion-pound contract brings the total number of major European deals for Rolls-Royce SMR to three.
British Energy – Nuclear signed a contract earlier this year for initial units at Wylfa in North Wales. CEZ in the Czech Republic reached an early works agreement for deployment at Temelin, with plans targeting up to 3 GW of capacity and a 20 percent stake in the SMR subsidiary.
Rolls-Royce signed trilateral memorandums with the UK National Nuclear Laboratory and Japan’s JAEA one day before the Sweden announcement. The agreements cover High-Temperature Gas-Cooled Reactor technology and next-generation coated particle fuel. The gas-cooled design complements the company’s existing 470 MWe pressurized-water SMR program.
Coated particle fuel concepts trace back to United Kingdom work on the Dragon reactor in the 1960s. S. Department of Defense contract. Site preparation continues in the United Kingdom, though timelines for reaching operational status remain subject to regulatory and construction schedules.
under30ceo.comA reader asks whether a mother who was co-owner of her late grandmother's bank account should divide the funds equally with siblings under the terms of the will. The question centers on inheritance rules when joint ownership and will provisions intersect.
BenzingaU.S. stock futures showed mixed performance on Wednesday ahead of the Federal Open Market Committee interest rate announcement. Markets priced in a near-certain chance the central bank will hold rates steady under new Chairman Kevin Warsh.
CnbcSpaceX shares rose 4% in premarket trading Wednesday after the company’s market capitalization passed Amazon’s. The stock has gained 62% since its IPO last Friday.