I feel like this is a “finally” moment, but I’m fairly keen on the idea of SMRs. But I’m not sure £157M actually feels like a lot of cash, I’m not convinced we’re going to see great things sped along with that kind of investment.
Most stuff I’ve seen about SMR’s puts them at over a billion each to build, 157m looks more like it’s going to end up lining a couple of mates pockets than actually progressing anything.
I feel like this is a “finally” moment, but I’m fairly keen on the idea of SMRs. But I’m not sure £157M actually feels like a lot of cash, I’m not convinced we’re going to see great things sped along with that kind of investment.
Most stuff I’ve seen about SMR’s puts them at over a billion each to build, 157m looks more like it’s going to end up lining a couple of mates pockets than actually progressing anything.
Rolls Royce said they had a “target cost” of £1800m each (sometimes reported as $2.5bn) and more than that for the first few.
:shocked: /s