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Shapps announces £157m in grants at launch of new UK nuclear body
(www.theguardian.com)
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this post was submitted on 18 Jul 2023
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UK Politics
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I feel like this is a “finally” moment, but I’m fairly keen on the idea of SMRs. But I’m not sure £157M actually feels like a lot of cash, I’m not convinced we’re going to see great things sped along with that kind of investment.
Most stuff I've seen about SMR's puts them at over a billion each to build, 157m looks more like it's going to end up lining a couple of mates pockets than actually progressing anything.
:shocked: /s
Rolls Royce said they had a "target cost" of £1800m each (sometimes reported as $2.5bn) and more than that for the first few.