SWEDEN HAS APPROVED ROLLS ROYCE FOR A FLEET OF SMALL MODULAR NUCLEAR REACTORS

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Rolls-Royce SMR was successful in the Swedish nuclear selection process 12th June 2024. It has won a place on Vattenfall’s shortlist of just two SMR companies competing to potentially deploy a fleet of small modular reactors (SMRs) in Sweden.

Vattenfall, the Swedish multinational power company, has announced the shortlist of two SMR vendors as part of its plans to meet the rising electricity demand, adding nuclear capacity and helping Sweden achieve its goal of creating a fossil-free economy by 2045. The other successful SMR was GE Hitachi’s BWRX-300.

This selection follows a thorough assessment process in which Rolls-Royce SMR had the opportunity to present a fundamentally different approach to building nuclear projects and a modularisation strategy focused on risk reduction to Vattenfall, an experienced and technically respected energy utility.

Rolls-Royce SMR CEO, Chris Cholerton, said: “We are delighted to be one of the two SMR technologies selected by Vattenfall for further evaluation in Sweden. Success in reaching the final two, in such a fiercely competitive process, reflects the benefits of our integrated power station design, our approach to modularisation, and our use of proven nuclear technology.

“Rolls-Royce SMR is the fastest and most affordable way of bringing new nuclear power online and we are excited to work with utilities and industrial customers around the globe, to unlock sustainable sources of low-cost, low-carbon electricity for decades to come.”

Vattenfall’s focus will be deployment at the Ringhals nuclear site with a project that, at the earliest, is operational in the first half of the 2030s, with assessments for SMR and large-scale reactors ongoing.

Sweden has said it needs an additional 100-250 TWh of electricity production over the next 25 years and Vattenfall is poised to play a critical role in the country’s energy transition, including integrating new nuclear capacity into the energy mix.

Rolls-Royce SMR is on track to complete Step 2 and immediately enter Step 3 of the Generic Design Assessment by the UK nuclear industry’s independent regulators this summer. This will be the most important regulatory milestone to date – confirming Rolls-Royce SMR’s first-mover advantage as the leading technology in Europe.

ARE WIND FARMS, SOLAR, AND BATTERIES OUR BEST ENERGY OPTIONS?

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“The Extinction Rebellion types who like gluing themselves to roads are right about one thing. It makes no logical sense to rail against coal and gas like Bowen does and yet export it to major ‘polluters’ like China and India. If you truly believe that CO2 will cause a climate catastrophe or global ‘boiling’ then why would you extract and export the stuff to be used by others, while investing $billions (perhaps $trillions) in solar panels and windmills imported from China in particular who has burnt our carbon to make the panels and windmills?

“And why would you cover thousands of square kilometres of our arable land and wildlife habitat with solar panels, windmills, and transmission corridors Doesn’t this mean we are actually paying China to pollute and destroy our wildlife and the planet? And if you don’t believe that the planet is going to boil then why spend all that money on Chinese imports when we could just burn the carbon ourselves in our own power stations? Doesn’t this seem mad? The logic of Labor is so conflicted that we are willing to impoverish ourselves for nothing. Indeed it is mad.”

“Bowen asserts that an SMR (small modular reactor) would cost $5 billion. Well, that means we could build at least 4 SMRs that would be hooked to the existing grid and generate at least 1GWh of electricity on 24/7 basis for 60-80 years! Bowen has not been keeping up with what Rolls Royce SMR is doing.

Rolls-Royce SMR will move away from the high cost and high-risk complex construction programme principles into predictable factory-built commodities. Approximately 90% of manufacturing and assembly activities are carried out in factory conditions, helping to maintain an extremely high-quality product – reducing on-site disruption and supporting international roll out.

“An equivalent solar farm would need to have a theoretical output of 3+GW and would need replacing at least 4 times in addition to the $20+billion for rewiring. These are your figures – nuclear is a bargain.”

SMALL MODULAR NUCLEAR REACTORS ARE THE WAY TO GO FOR AUSTRALIA AND THE REST OF THE WORLD. If that is the case then I suggest you look at investing in the two companies that look set to dominate this market. BWX Technologies and Rolls-Royce SMR Ltd. Westinghouse is also developing the “eVinci” Small Micro Reactor so it may be worth your while following its progress.

Whilst my calling is to alert the world to what God has next for this world – Jesus Millennial Kingdom, I could not resist bringing this opportunity to the followers of http://www.livingeternal.net. God has given me a talent for business and I am sure that Jesus will use me in business during His Millennial reign in some capacity. What about you, have you ever thought about how Jesus may use you during His Millennial reign on this earth? Remember, the curse has not been lifted, people are still born and die and Jesus and the Saints need to rule with a rod of iron. Remember, also that Satan is bound for most of the thousand years but when he is released he is still able to raise an army, their number like the sand of the sea, to come against Jesus and the Saints.

What is next on God’s agenda is not the new heaven and the new earth where only the righteous dwell.