£3.34 million in funding to flesh out plans for deploying its Xe-100 small modular reactors on UK soil.
It includes plans on domestic manufacturing and supply chain opportunities, constructability, modularization studies, and fuel management. Part of the plan is for 80% of the value of the Xe-100 projects to go to UK-based contractors and suppliers.This includes, at present, Kier Group in the UK Sheffield Forgemasters and the Nuclear Advanced Manufacturing Research Centre . The final plan will form the foundation for a final investment decision within the next parliament.
“This funding supports the next step in advanced modular reactors and shows our commitment to keeping the UK at the forefront of nuclear technology,” he added.is a fourth-generation advanced reactor design developed by X-Energy. It is based on decades of research, development, and operation of High-Temperature Gas-Cooled Reactors .It is engineered to provide reliable and load-following grid-scale power to electricity systems while seamlessly integrating with renewable energy sources.