Overview

• Rolls-Royce SMR secured the contract after a two-year competition, outpacing rivals including GE-Hitachi and Holtec.
• Ministers have committed £2.5 billion to the SMR programme through 2029, with further investment planned as projects progress.
• The scheme entails three 470 MW reactors designed to power roughly 3 million homes and sustain up to 3,000 construction jobs.
• Factory-built modular design aims to shorten build times and reduce costs compared to conventional nuclear plants.
• Partnerships with Czech firm CEZ and bids in Sweden signal export opportunities for UK-developed SMR technology.