Rolls-Royce Renews Call for $2.8 Billion to Build U.K. Reactors
- Company leads group planning to build 16 small plants by 2050
- Government was said to be considering investment last October
This article is for subscribers only.
A Rolls-Royce Holdings Plc-led group renewed calls for around 2 billion pounds ($2.8 billion) of U.K. government funding to move forward with plans for a raft of new mini nuclear reactors.
Britain was said to be weighing the investment back in October, but the funding never materialized. Now Rolls-Royce and partners including Laing O’Rourke Plc are asking again for government support to build the first two or three plants out of a planned 16, just as the U.K. talks up nuclear -- and specifically mini reactors -- as one way to meet net-zero targets.