Getting climate, energy & environment news right.

Aerospace giant Rolls-Royce to build Britain’s first small modular nuclear reactors

British aerospace group Rolls-Royce on Tuesday received backing from the U.K. government to build the country’s first small modular nuclear reactors.

The announcement follows a two-year selection process and reaffirms Britain’s embrace of nuclear power, particularly as it also pledged on Tuesday to invest £14.2 billion ($19.2 billion) to build the large Sizewell C power station in eastern England.

U.K. Energy Secretary Ed Miliband said plans to build the country’s first-ever small modular reactors (SMRs) would create thousands of jobs, support regional economies and strengthen energy security.

Read more in CNBC here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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