UK Launches First SMR Nuclear Project in Wales

Markets & Money Today | 2 Min News | The Daily News Now! - Een podcast door The Daily News Now! - Zondagen

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The UK initiates development of its first small modular reactors (SMRs) in Wales, with Rolls-Royce as the preferred partner. This project, backed by £2.3 billion, aims to create 3,000 jobs and power 3 million homes. The SMRs, smaller and quicker to build than traditional reactors, will initially house three units at Wylfa, with potential expansion to eight. Construction begins in 2026, with power generation expected in the mid-2030s. This project marks a significant shift in the UKs nuclear energy strategy and offers an economic boost to Anglesey.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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