NuScale Power in UK
NuScale Power is changing the power that changes the world. To do so, we’re looking to expand our reach across the globe. We’re exploring potential opportunities to enter into partnerships to bring our small modular reactor to the UK market. The UK has a strong nuclear heritage and has for many decades been a leader in developing new technologies and bringing them to the market. The NuScale Power Module™ can help the UK meets its energy targets through the generation of smarter, cleaner, safer, and cost-competitive electricity.
The vision is to see NuScale Power Modules being built in the UK for use in the domestic and European market.
- Download our UK Prospectus.
- Download the NuScale Power UK SMR Action Plan.
- Download the NuScale Power UK SMR Action Plan – Explanatory Notes.
Compatibility with UK Energy Policy
The NuScale Power Module has the potential to deliver on three aspects of the UK’s energy policy:
- Security of supply: The NuScale Power Module would deliver home grown energy, reducing the UK’s dependence on imported fossil fuels.
- Carbon emissions reduction: The technology would be a valuable addition to a low carbon energy mix, helping the UK to meet its legally-binding target of cutting carbon emissions by 32 percent by 2025.
- Affordability: The estimated levelized cost of generating electricity from the NuScale Power Module is competitive with other forms of low carbon electricity generation being pursued in the UK.
The prospect of a purpose-built manufacturing facility based in Britain would establish the UK as a leading player at the inception of a global small modular reactor market estimated to be worth up to £400 billion by 2035.
Development and deployment of the NuScale Power Module has the potential to generate significant opportunities for UK partner companies and wider economy.
NuScale Activities in the UK
NuScale Power is working with the UK government, various companies of strategic importance within the UK supply chain, universities and other institutions, to explore potential for the development, fabrication and deployment of the NuScale Power Module.
NuScale Power has been actively involved in the UK Government's Small Modular Reactor (SMR) related studies conducted over the past several years including the 2014 SMR Feasibility Study, the 2016 Techno-Economic Assessment, the SMR Competition commenced in 2017, and the 2018 Expert Finance Working Group review. The 2014 Study by the UK's National Nuclear Laboratory (NNL) concluded that the NuScale Power Module is a credible technology, feasible for deployment within a ten year timeframe and, alongside other options, should be investigated further for potential UK involvement.
Fluor, NuScale Power’s primary investor, employs more than 1,200 staff in the UK. NuScale Power has entered into collaborative agreements with other key parts of the UK nuclear sector, including the Nuclear Advanced Manufacturing Research Centre (NAMRC) at the University of Sheffield.
NuScale Power is a member of the key trade organizations, Nuclear Industry Association and Energy UK.