This old write up I wanted to re push for it shows how long it takes for some ides to take hold.
We did very well with Rolls Royce bright to you all here in the $1 range. Wish we had held? For sure. Now $5.80.
-Rolls-Royce (
OTCPK:RYCEF) is well positioned to benefit if SMR (Small Modular Reactors) get the nod.
Small Modular Reactors
Of course any nuclear discussion today has to include the great white hope of SMRs (Small Modular Reactors). SMR is a technology that is constantly talked up although the technology is
still not implemented.
Enter Rolls-Royce SMR program. Rolls-Royce is a major aviation defence contractor, which is the second largest aircraft engine maker, and so has challenging times with COVID. An
overviewof the company has been published recently by the Wolf Report on Seeking Alpha. The Wolf Report sees Rolls-Royce's interest in SMRs as more wishful thinking that reality at the moment, preferring its exploration of electrical engines for aircraft as a more interesting new direction. However Rolls-Royce is itching to get the opportunity to build a portfolio of SMRs to prove that multiple reactors can be built off-site and quickly assembled.
The previously thought-to-be-dead deal at Wylfa Angelsey is a concrete example (see above). Two SMR proposals cover both sites at Angelsey (Newydd and Magnox). Magnox is currently
being decommissioned.
The proposal(s) for Wylfa from Shearwater Energy involve
multiple SMR facilities. The Wylfa Magnox site would trial twelve 77MW SMRs (manufacturer not identified, to generate 1 GW of power), while the Newydd site would locate ten GE-Hitachi BWRX-300 reactors. It seems that a proposal concerning the BWRX-300 reactors has been submitted to GE (
GE)-Hitachi with a cost estimate provided to UK Dept Business, Energy & Industrial Strategy. It is claimed that the BWRX-300 project could start in 2025, with first power generated by 2028. The other SMR project is less well defined.
The SMR programs are claimed to be more flexible and more suited to complement renewables than a large nuclear reactor program....
#2746
Nov 20, 2021
Here we are 3 years later.
Rolls-Royce SMR inks $1.5M contract with GSE Solution for small modular nuclear project
SA NewsToday, 4:50 AM
What the hell happened?
