Sunak Pushes for SMR Growth, Promises Rural Power and Tech Giant Investment

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Sunak Pushes for SMR Growth, Promises Rural Power and Tech Giant Investment
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The UK Government plans to relax planning regulations to allow the construction of new small modular reactors (SMRs) in rural areas. This move aims to achieve green energy targets, provide a cleaner energy supply, and attract investment from tech giants like Google and Meta.

The UK Government is set to relax planning regulations to facilitate the construction of new small modular reactors (SMRs) in rural areas. This move is aimed at achieving green energy targets and ensuring a cleaner, more secure energy supply. Prime Minister Rishi Sunak has pledged to leverage his government's substantial majority to push through these changes, urging his own backbenchers not to oppose the placement of these new power stations within their constituencies.

To potentially mitigate concerns from local communities, Sunak suggested offering incentives to homeowners in areas where SMRs are built. He also proposed that tech giants like Google or Meta could invest in these SMRs, as they are crucial for powering the extensive data centers needed to support the growing field of artificial intelligence (AI).Currently, nuclear reactors can only be built on eight designated sites in the UK. However, Downing Street plans to amend these regulations, allowing smaller reactors to be constructed anywhere in England and Wales. While the expectation is that these SMRs will be located in remote areas, Sunak acknowledged that this could mean some communities will have to adjust to having nuclear reactors in their vicinity. He emphasized, though, that existing restrictions on building them near densely populated areas will remain in place.Sunak also addressed the potential for Labour MPs to object to SMR construction within their constituencies, stating that he doesn't want them to oppose it any more than they would object to housing or other infrastructure projects. He argued that the UK has historically struggled with this issue, with people readily supporting infrastructure development but then resisting its implementation in their local areas. He believes the government's majority will enable them to overcome this obstacle.SMRs, while smaller than traditional nuclear power plants, are still significant. They are roughly the size of a school bus but six stories high, and their power output ranges from 20 to 300 megawatts of electricity. Their modular design allows for off-site manufacturing and flexible deployment, making them more adaptable and potentially less expensive to construct. The UK government envisions SMRs playing a vital role alongside larger reactors in providing a reliable and low-carbon energy source. Their smaller size means they require less space and cooling water, offering greater flexibility in site selection. The government believes SMRs can contribute to grid stability, particularly in a system increasingly reliant on renewable energy. They can also integrate with other energy sources, such as renewables and hydrogen, and be used for various purposes, including electricity generation, heat production, and hydrogen manufacturing.While the technology is still under development, the government aims to begin delivering the first SMRs by 2032. Rolls-Royce is considered among the leading companies in developing mini reactors. Regarding the potential for communities to benefit financially from hosting SMRs, Sunak remained non-committal but suggested that incentives, such as discounts on energy bills, could be part of the negotiation process.He also emphasized the UK's strategic position outside the EU, which he believes offers an advantage in developing AI. He suggested that tech giants like Google or Meta could invest in SMRs to power their data centers, which are essential for AI development and require significant energy.

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