Funding for Small Nukes

mini nuclear reactors that the prime minister hopes will help the UK reach
his target of zero-carbon electricity by 2035. A consortium led by the
British engineering firm had already secured £210m in backing from private
investors for the small modular reactor (SMR) project, a sum that the
government is expected to match or better. Confirmation is expected before
the spending review on 27 October, according to well-placed sources. The
consortium, known as UK SMR, will rebrand as Rolls-Royce SMR to coincide
with Westminster’s blessing. Tom Greatrex, the chief executive of the
Nuclear Industry Association (NIA), said: “Match-funding for Rolls-Royce
would be a huge signal to private investors that the government wants SMRs
alongside new large-scale stations to hit net zero. It would also show
investors that the government believes in nuclear as a green technology.”

 Guardian 15th Oct 2021

 https://www.theguardian.com/business/2021/oct/15/uk-poised-to-confirm-funding-for-mini-nuclear-reactors-for-green-energy