The target cost for each new small modular reactor planned by a Rolls Royce consortium for the UK is £1.8bn by the time five have been built, with further savings possible, the company said.
A programme to build up to 16 SMRs by 2050 could create up to 40,000 jobs, contribute £52bn of value to the UK economy and £250bn of exports.
Rolls Royce said each power station will be able to operate for 60 years and provide 440MW of electricity, which is enough to power a city.
A programme to build up to 16 SMRs by 2050 could create up to 40,000 jobs, contribute £52bn of value to the UK economy and £250bn of exports.
Rolls Royce said each power station will be able to operate for 60 years and provide 440MW of electricity, which is enough to power a city.
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