Siemens Energy and Rolls-Royce Partner on Small Modular Nuclear Reactors
The agreement positions Siemens Energy as the exclusive supplier of non-nuclear components for Rolls-Royce's planned mini-reactors, with a final contract expected by year-end.
- Siemens Energy will provide Rolls-Royce with turbines, generators, and other non-nuclear equipment for its planned Small Modular Reactors (SMRs).
- SMRs are smaller and potentially more cost-effective alternatives to traditional nuclear power plants, with Rolls-Royce's designs capable of generating up to 470 megawatts of power.
- A final contract between the companies is anticipated by the end of 2025, formalizing Siemens Energy's role as the exclusive supplier of non-nuclear components.
- Proponents of SMRs highlight their flexibility, potential safety advantages, and suitability for both electricity generation and urban heating, while critics raise concerns about safety and regulatory challenges.
- The development of SMRs aligns with a broader global trend toward nuclear energy revival, with countries like the UK, Poland, and the Czech Republic actively pursuing such technologies.