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...East’s decision to join C-Capture comes as Rolls-Royce’s shares climbed 224 per cent during 2023, marking their best annual performance since the company’s privatisation in 1987....
...Tony Roulstone Former Managing Director of Rolls-Royce Nuclear; Lecturer on Nuclear Energy, University of Cambridge, UK...
...The only effective sanctions are for the original equipment manufacturers or OEMs (Boeing, Airbus, Rolls-Royce, Pratt & Whitney and GE) to stop issuing updates to the flight and maintenance manuals....
...EDF, now fully owned by the French state, will limit its stake in its next planned UK plant, Sizewell C, to 20 per cent....
...Rolls-Royce is in a “good position” to develop technology for a new generation of small nuclear power plants in the UK, according to Britain’s energy secretary, who will on Tuesday launch an international...
...It wants to secure funding for the 3.2GW Sizewell C project, using a regulated asset base financing model. RAB is a sensible choice....
...Former Rolls-Royce chief executive Warren East has joined carbon capture developer C-Capture as group chair....
...Former Rolls-Royce chief executive Warren East will be chair of carbon capture developer C-Capture, which has been spun out of the University of Leeds and is backed by companies including UK power generation...
...In the UK, Rolls-Royce’s SMR is 18 months into a process that certifies the safety of its generic design. Rolls-Royce will then need to see whether its technology is selected as best in kind by the UK....
...Industrial giants such as Britain’s Rolls-Royce are jumping into the action while GE Hitachi is building an SMR plant in Canada....
...while in office that he wanted up to 24 gigawatts of nuclear capacity by 2050 — up from just 5.9GW at present — but chancellor Jeremy Hunt’s recent Autumn Statement referred only to the 3.2GW Sizewell C...
...It wants to secure financing for the 3.2GW Sizewell C project using the “regulated asset base financing model”....
...The chief legal officer at one international consumer goods company says: “My role now is primarily as a C-suite strategic adviser. Giving technical legal advice is only 15 per cent of my job.”...
...[but] there is always tension with the Treasury on how anything gets financed,” says Tom Samson, head of Rolls-Royce’s SMR business....
...reach investment deal (FT) Juventus shares tumble after 15-point penalty for transfer dealings (FT) Former PwC partner banned for 2 years in Australia for leaking information (FT) Pandemic-hit Rolls-Royce...
...on the design, a smaller reactor would generate between 50 and 500 megawatts of power, compared with the 3.2 gigawatt output from the only large nuclear part under construction in the UK — Hinkley Point C...
...In May, EDF — also building the UK’s Hinkley Point C reactor — pegged the likely cost at £25bn-£26bn, up by nearly half from the approved 2016 estimate....
...Rolls-Royce expects shorter lead times will help keep costs below one-twelfth of the £23bn bill for the Hinkley Point C reactor under construction in Somerset....
...Ministers are also keen on smaller modular reactors of the kind being developed by a consortium led by UK engineering group Rolls-Royce....
...In the UK, FTSE 100 group Rolls-Royce is leading a private consortium to build a fleet of mini reactors, each capable of generating 470MW of electricity, at operational and mothballed nuclear sites....
...That is the equivalent of eight large atomic energy plants, although ministers are hoping also to encourage small modular reactors of the kind being developed by a consortium led by Rolls-Royce....
...Credit Suisse and Rolls-Royce have also announced the appointments of their new bosses....
...Rolls-Royce has secured £210mn of UK government backing to pursue its design, which uses existing technology in the form of pressurised water reactors....
...Rolls-Royce’s design has a generation capacity of 470MW, which is small compared with Hinkley Point C, a 3.2GW two-reactor nuclear plant under construction in Somerset in south-west England....
...We are sailing blindly into a deal with them over Sizewell C....
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