UK company aims to deploy reactors ‘across global markets’
Rolls‑Royce SMR and Swedish nuclear technology company Studsvik have signed a memorandum of understanding to explore further collaboration across Studsvik’s full range of services to support the rollout of small modular reactors (SMRs).
The agreement enables the two companies to evaluate Studsvik’s capabilities and facilities and further explore ways the company can support the future deployment of Rolls Royce SMR’s factory-built nuclear power plant.
Rolls-Royce SMR chief executive Chris Cholerton said the agreement strengthens the company’s European supply chain. “Studsvik’s long-standing capabilities in nuclear services make them an ideal partner as we accelerate towards deploying our SMRs across global markets,” he said.
Karl Thedéen, Studsvik president and chief executive officer, said governments and customers around the world have taken decisions on important investments in nuclear power, creating long-term opportunities.
“We are convinced that working closer together, both organisations will benefit from the acceleration of Rolls-Royce SMR business activities in the Nordics, UK and Europe, supporting stable, clean, and reliable energy.”
The MoU covers several technical areas, including fuel qualification and testing, plant life management, hot cell technology, core design and operational modelling, and regulatory licensing support.
Rolls-Royce SMR has been selected as the preferred bidder by Great British Energy – Nuclear to deliver the UK’s first SMRs and by European utility ČEZ to deploy up to three GW of new nuclear power in the Czech Republic. It is one of only two SMR companies to progress to the final stage of Vattenfall’s technology selection process in Sweden. The other company is GE Vernova.
