SMR: The UK Enters Crucial Negotiations with Four Key Players

Great British Nuclear evaluates technologies from GE Hitachi, Holtec, Rolls-Royce SMR, and Westinghouse to select the modular reactors that will shape the country’s energy future.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Negotiations for the UK’s Small Modular Reactor (SMR) program have officially begun. The four finalists in the running are GE Hitachi, Holtec, Rolls-Royce SMR, and Westinghouse. These discussions mark a decisive step in selecting a technology to strengthen the UK’s energy capacity while meeting safety and sustainability requirements.

Great British Nuclear (GBN), the organization overseeing this program, announced that each proposed project has undergone a thorough analysis. This evaluation considered criteria such as safety, feasibility, and rapid deployment potential. Simon Bowen, chairman of GBN, stated: “Our technical experts have reviewed each design in detail and are confident that these SMRs could play a key role in the UK’s future energy mix.”

The Competing Technologies

The proposed designs include:

– BWRX-300 from GE Hitachi: A boiling water reactor based on proven technologies.
– SMR-300 from Holtec: A 300 MWe pressurized water reactor designed for modular production.
– Rolls-Royce SMR: A 470 MWe pressurized water reactor offering higher energy capacity.
– AP300 from Westinghouse: A 300 MWe/900 MWth pressurized water reactor.

Each design emphasizes pre-existing technologies and modularity to reduce construction times and costs.

A Strategic Timeline

Initially scheduled for the end of 2024, the technology selection has been postponed to spring 2025. GBN plans to sign contracts with one to three suppliers to co-finance the projects through regulatory, environmental, and site-specific authorizations. Final investments are expected to be decided by 2029, enabling a swift rollout of the selected SMRs.

Although there has been a change in government, current leaders have committed to continuing the program, underscoring its strategic importance in addressing long-term energy and climate challenges.

A Key Project for the UK’s Energy Mix

This program aligns with the UK’s transition to low-carbon energy, where SMRs could provide a complementary energy source to wind and solar. With sites capable of hosting multiple units, these reactors could bolster the UK’s energy resilience, reduce dependency on fossil fuels, and support its net-zero carbon goals.

GBN affirmed that each competing technology is considered viable and could be integrated into the national nuclear program, provided that negotiations lead to favorable terms for the country.

Niger expands its mining alliances with Uranium One to develop new sites, while the Dasa project continues seeking financing despite clear political backing.
Samsung Heavy Industries has received Approval in Principle for a floating nuclear plant featuring two SMART100 reactors, marking a step toward the commercialisation of offshore small modular reactors.
The Indian government proposes a unified legal framework for nuclear energy, aiming to boost private investment and increase installed capacity to 100 GW by 2047.
Samsung C&T strengthens its presence in modular nuclear energy in Europe by signing an agreement with Synthos Green Energy to develop up to 24 SMRs in Poland and several Central European countries.
Israeli firm nT-Tao and Ben-Gurion University have developed a nonlinear control system that improves energy stability in fusion plasmas, strengthening the technical foundation of their future compact reactors.
The Indian government has introduced a bill allowing private companies to build and operate nuclear power plants, ending a state monopoly in place for over five decades.
Natura Resources enters a new regulatory phase for its molten salt reactor MSR-1, following the signing of a framework agreement with the US Department of Energy under the Reactor Pilot Program.
Norwegian Nuclear Decommissioning is surveying 22 localities to assess their interest in hosting storage facilities for radioactive waste from the country’s former research reactors.
Electricité de France's Flamanville 3 reactor has reached full power for the first time, marking a key industrial milestone in the deployment of EPRs in Europe, despite cost overruns reaching EUR23.7bn ($25.7bn).
GE Vernova Hitachi’s BWRX-300 small modular reactor has passed a key regulatory hurdle in the United Kingdom, opening the door to potential commercial deployment, despite no current plans for construction.
Molten salt reactor developer Natura Resources has acquired Shepherd Power and partnered with NOV to scale up modular reactor manufacturing by the next decade.
China National Nuclear Corporation expects commercial operation in 2026 for its ACP100 reactor, following successful cold testing and completion of critical structures in 2025.
Start-up SEATOM has been selected to join NATO's DIANA programme with its micro nuclear reactor designed for extreme environments, reinforcing its position in dual-use marine and military energy technologies.
The Estonian Ministry of Economic Affairs has opened a tender to select a site and conduct initial environmental studies for a 600 MW nuclear power plant, marking a decisive step for the country’s energy future.
The European Commission has approved Poland's financial support plan for its first nuclear power plant, a €42bn project backed by public funding, state guarantees, and a contract for difference mechanism.
Six European nuclear authorities have completed the second phase of a joint review of the Nuward modular reactor, a key step toward aligning regulatory frameworks for small nuclear reactors across Europe.
Driven by off-grid industrial heat demand and decarbonisation mandates, the global small modular reactor market is set to grow 24% annually through 2030, with installed capacity expected to triple within five years.
US fusion energy leaders have called on the federal government to redirect public funding towards their projects, arguing that large-scale investment is needed to stay competitive with China.
Santee Cooper has approved a memorandum of understanding with Brookfield Asset Management to assess the feasibility of restarting two unfinished nuclear reactors, with a potential $2.7 billion payment and 550 MW capacity stake.
Helical Fusion has signed a landmark agreement with Aoki Super to supply electricity from fusion, marking a first in Japan’s energy sector and a commercial step forward for the helical stellarator technology.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.