A question of context
Rolls-Royce boss says UK must move fast to be world leader in small reactors
Britain risks repeating the mistakes of the past if delays in rolling out small nuclear reactors persist, the chief executive of Rolls-Royce has said, urging the new Labour government not to pass up the chance to develop a world-leading industry.
Speaking as Rolls-Royce upgraded profit guidance and restored its dividend, sending the company’s shares to a record high, Tufan Erginbilgiç said British homes could be powered by its first small modular reactor (SMR) by 2031, if the government commissions the first of them this year.
But he highlighted delays in the competition process run by Great British Nuclear, warning that the UK must learn from its failure to become a global leader for offshore wind technology.
Those paying attention will have noted the dispiriting words “move fast” applied to government activity. Unfortunately the words don’t quite fit the context.
Source: https://akhaart.blogspot.com/2024/08/a-question-of-context.html
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