The three reactors at Wylfa will create up to 8,000 jobs
Work has started on the UK’s first nuclear small modular reactors (SMRs) in North Wales in an investment promising to create 8,000 jobs.
It comes after Rolls-Royce SMR and state-owned Great British Energy-Nuclear (GBE-N) have signed a contract that enables work, both design and on-site, to start immediately on the delivery of three Rolls-Royce SMRs at Wylfa, on the coast of Ynys Môn (Anglesey). The project’s developer is GBE-N.
In November last year Prime Minister Sir Keir Starmer announced that Wylfa will host the UK’s first SMRs.
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The contract allows Rolls-Royce SMR to develop its site-specific design and order critical components from the supply chain. It also gives the certainty required to ramp up its recruitment programme.
Each unit, which will have a life cycle of at least 60 years, will have an ability to generate electricity to power one million homes per year with electricity. Rolls-Royce SMR also has plans to deliver further SMRs at the site, which is next to the proposed Wylfa Newydd nuclear power station project.
Rolls-Royce SMR is also currently evaluating a number of sites across the UK for a new SMR factory, including one at Deeside in Flintshire. A decision on the selected site is expected later this year.
Rolls-Royce SMR and its supply chain partners will create 3,000 jobs local to the Wylfa site and an additional 5,000 jobs UK-wide. The three SMRs are expected to become operational in the mid 2030s. Rolls-Royce has plans for a fleet of SMR sites across the UK.
As the technology was selected through the GBE-N procurement process, Rolls-Royce SMR was able to apply for a loan on commercial terms from the National Wealth Fund. The lending facility, of up to £599m, is available to support the finalisation of the generic design of Rolls-Royce’s SMR.
Chris Cholerton, Rolls-Royce SMR chief executive, said: “This contract unlocks the delivery of our first three units at Wylfa and is a tangible example of the Government’s ‘golden age’ of new nuclear being delivered successfully with British technology.
“This brings certainty to the UK SMR programme and differentiates our business as the only SMR company with multiple commitments in Europe – an initial three units at Wylfa and up to six units in Czechia.
“We are transforming the way nuclear projects are delivered, to give greater cost and schedule certainty with a standardised, factory-built approach. This project is important to the UK’s energy security and will power up our business and the UK supply chain.”
Chancellor Rachel Reeves, said: “This investment, along with vital financing from the National Wealth Fund, will strengthen our energy security, create skilled jobs and help to build a new generation of homegrown nuclear technology that will power our economy for decades to come.
“We have the right economic plan – one where growth and clean energy go hand in hand – and one that will benefit everyone across the country.”
Secretary of State for Energy Security and Net Zero, Ed Miliband, said: “At a time of global instability, this is a major milestone for Britain’s energy security.
“We are backing a British company to deliver our first small modular reactors – creating a generation of good jobs, driving growth and providing clean, homegrown power for decades to come.
“Our clean energy mission is the only route to getting off the rollercoaster of fossil fuels and take back control of our energy independence.”
Simon Roddy, chief executive of Great British Energy-Nuclear, said: “This agreement is a landmark moment for the nuclear industry. Working with Rolls-Royce SMR, we’re bringing a significant long-term investment to the UK industrial supply chain.
“Supporting skills, innovation and growing our industrial capability is essential to this partnership, and will ensure the UK is well placed to deliver the next generation of nuclear infrastructure.”
National Wealth Fund CEO, Oliver Holbourn, said, “Today’s announcement marks a significant moment for the future of our nuclear industry. The development of Rolls Royce-SMR’s technology here in the UK will create thousands of jobs and pave the way for an affordable, cleaner, and more secure energy system.
“his is exactly what the National Wealth Fund has been established to deliver, backing promising homegrown projects and technologies that will deliver transformational impacts.”


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