Latest News | 9 July 2024

Rolls-Royce shortlisted to deliver Swedish nuclear power

Bondholders:
Rolls-Royce
Share this post:

Rolls-Royce has been shortlisted to potentially deliver mini nuclear power stations in Sweden.

Rolls-Royce SMR has won a place on a shortlist of just two SMR companies competing to deploy a fleet of small modular reactors in the country.

It has been shortlisted by Vattenfall, the Swedish multinational power company, as part of its plans to meet the rising demand for electricity, adding nuclear capacity and helping Sweden achieve its goal of creating a fossil-free economy by 2045.

Chris Cholerton, chief executive at Rolls-Royce SMR, said: “We’re delighted to be one of the two SMR technologies selected by Vattenfall for further evaluation in Sweden.

“Success in reaching the final two, in such a fiercely competitive process, reflects the benefits of our integrated power station design, our approach to modularisation and our use of proven nuclear technology.

“Rolls-Royce SMR is the fastest and most affordable way of bringing new nuclear power online and we are excited to work with utilities and industrial customers around the globe, to unlock sustainable sources of low-cost, low-carbon electricity for decades to come.”


Related Articles...

This will close in 0 seconds