'GE Hitachi, Holtec, Rolls-Royce SMR And Westinghouse Enter UK SMR Negotiations' - World Nuclear News
Portfolio Pulse from Benzinga Newsdesk
GE Hitachi, Holtec, Rolls-Royce SMR, and Westinghouse have advanced to the next stage of the UK's small modular reactor (SMR) program, while NuScale was not selected. The companies will enter negotiations with Great British Nuclear, aiming for contracts by the end of the year.
September 26, 2024 | 2:59 pm
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POSITIVE IMPACT
GE Hitachi has advanced to the next stage in the UK's SMR program, positioning itself as a leader in SMR deployment with its BWRX-300 reactor.
GE Hitachi's advancement in the UK's SMR program is a positive development, as it positions the company to potentially secure contracts and expand its nuclear energy footprint.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Rolls-Royce SMR, the UK's only SMR company, progresses in the UK's SMR program, maintaining its first-mover advantage and strengthening its market position.
Rolls-Royce SMR's progress in the UK's SMR program is significant, as it enhances its competitive edge and potential for securing future contracts.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Westinghouse advances in the UK's SMR program with its AP300 reactor, leveraging proven technologies and regulatory familiarity.
Westinghouse's advancement in the UK's SMR program is a positive indicator of its potential to secure contracts, given its proven technology and regulatory familiarity.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80