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U S nuclear industry upbeat on small reactors, despite setback

Despite the recent cancellation of a next-generation U.S. nuclear plant,backers of the carbon-free power source remain hopeful new projects willcome online by the end of the decade. Late last year, the U.S. energycompany NuScale announced it was pulling the plug on a small modularreactor (SMR) project in the western state of Idaho. The project …

Rolls Royce misses out on government funding for their small nuclear reactors

Rolls-Royce Holdings PLC shares faced a blow as X-energy and CavendishNuclear were awarded £3.34 million from the government to buildmini-nuclear reactors in Hartlepool. These funds will aid X-energy andBabcock International PLC owned Cavendish's plans to build 12 mini nucleargenerators, known as small modular reactors, in the County Durham town bythe early 2030s. Proactive Investor 5th…

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