Penultimate Power has formed a joint venture with the Japan Atomic Energy Agency to construct a small modular reactor. Based on a design used in Japan since 1998 that is deemed safer than traditional nuclear plants, the 10 MWe, high-temperature, gas-cooled reactor will be located in the northeast of England and will generate power and process heat for heavy industry. Unlike traditional nuclear plants, which require controlled shutdown, a key advantage among SMR designs is that they will automatically shut down safely without power or human intervention, avoiding the out-of-control meltdown that occurred at Fukushima in 2011. The project was announced by Prime Minister David Cameron at an event held today at the Royal United Services Institute (RUSI) in London. The JV is also considering building a factory to make modular reactors for wider UK use.
Penultimate Power has formed a joint venture with the Japan Atomic Energy Agency to construct a small modular reactor. Based on a design used in Japan since 1998 that is deemed safer than traditional nuclear plants, the 10 MWe, high-temperature, gas-cooled reactor will be located in the northeast of England and will generate power and process heat for heavy industry. The project was announced by Prime Minister David Cameron at an event held today at the Royal United Services Institute (RUSI) in London. The JV is also considering building a factory to make modular reactors for wider UK use.