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Why there is new hope for new nuclear

A different kind of reactor could drive decarbonisation

By Nick Butler  

Artist's impression of a UK SMR

The announcement last week by Rolls-Royce that it is ready to proceed with the development of small modular reactors (SMRs) is a significant step forward for the nuclear industry, and for the low-carbon agenda. For the first time in more than a decade there is serious competition in the sector, and the prospect that an industry which began in the UK seven decades ago can be revived and regain credibility.

Rolls-Royce has had its financial problems over the last few…

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