According to the Financial Times, the government has recruited Mike Tynan, a former head of UK operations at US nuclear engineering group Westinghouse, to a new publicly-owned development company called Cwmni Egino charged with exploiting the “economic benefits” of small modular reactors at Trawsfynydd in north Wales.
Developers of SMRs including Rolls-Royce say they can be built in factories and assembled on site, thereby reducing the costs and complexities associated with the construction of large-scale nuclear energy plants such as Hinkley Pont C in England, where two EPR plants are being built.
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