Rolls-Royce to Create 6,000 Jobs in UK to Build 16 Mini-Nuclear Power Plants | Economic news

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A group led by Rolls-Royce has pledged to create 6,000 regional jobs in the UK over the next five years through plans to build 16 mini nuclear power plants.

The consortium said the jobs would help support the government’s “leveling” program, with up to 80% of the plant’s components to be manufactured at factories across the Midlands and the north of England.

These components would then be sent to existing nuclear sites across the country for rapid assembly.

The plans come at a crucial time for the UK amid soaring unemployment caused by the pandemic.

They could also help revive the fortunes of engine maker Rolls-Royce, which is cutting 9,000 jobs to offset the blow from the coronavirus.

In addition to the potential to create 6,000 jobs by 2025, the nuclear power plant’s plans could provide an additional 34,000 positions in 15 years, most of which would be high-value manufacturing jobs.

The consortium – which also includes the National Nuclear Laboratory and construction company Laing O’Rourke – said it hopes to secure a “clear commitment” from the government for the flat power plant project.

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Rolls Royce is best known for making luxury cars

The government last year handed the Rolls-Royce-led coalition £ 18million to design the Small Modular Reactors (SMRs).

The consortium matched the funding and are now seeking an additional £ 217million, which would also be matched by the industry.

Tom Samson, Acting Managing Director of the consortium, said: “This creates a unique opportunity to revitalize the UK industrial base and paves the way for the future commercialization of advanced reactor solutions, including fusion technology.

“Our ambition to accelerate the deployment of a fleet of these power plants across the UK will contribute massively to the ‘top-leveling’ program, creating high-value, sustainable manufacturing jobs in areas that need it most. economic activity.

He added, “The fleet approach will bring tremendous value to the communities these plants will be a part of, with economic activity spanning 60 years of operation. ”

Jobs would be created across the joint venture – including manufacturing and assembly, as well as the supply chain that supports the program and in the companies that will ultimately operate the power plants.

The consortium also estimates that the project will help the UK meet its net zero commitments, while it has an export potential of at least £ 250bn by 2050 and could lead to new jobs. British.

The group signed two new agreements last week, with US energy giant Exelon Generation and Czech company CEZ, which are studying how reactors could be used in their power plants.

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