Manage Tickers Link Financial Account

Has my stock been accused of fraud?Join over 160k users who know.

Ticker	Price	Change($)	Change(%)	Shares	Volume	Prev Close	Open	Gain($)	Gain(%)

Ticker	Status	Jurisdiction	Filing Date	CP Start	CP End	CP Loss	Deadline

Ticker	Case Name	Status	CP Start	CP End	Deadline	Settlement Amt

Ticker	Name	Date	Analyst Firm	Up/Down	Target ($)	Rating Change	Rating Current

Rolls-Royce Small Nuclear Reactor Likely To Win UK Approval

Author: Anusuya Lahiri | April 19, 2022 07:42am

A Rolls-Royce (OTC:RYCEY) (OTC:RYCEF) design for a small modular nuclear reactor (SMR) will likely win U.K. regulatory approval by mid-2024 and produce grid power by 2029, Reuters reports.
In the meantime, Rolls-Royce will start manufacturing parts of the design that are most unlikely to change.
Each 470 MW SMR unit costs 1.8 billion pounds ($2.34 billion).
Rolls-Royce will build each SMR on a 10-acre site equivalent to 10 football fields.
SMRs were cheaper and quicker to build, and users could deploy them on ships and aircraft.
SMR's "modular" format helped them ship by container from the factory and install relatively quickly on any proposed site.
Policymakers saw SMRs help cut dependence on fossil fuels and lower carbon emissions.
Photo via Wikimedia Commons

Posted In: RYCEF RYCEY