News story

Developing advanced reactors for nuclear: apply for contracts

Organisations can apply for a share of £4 million to carry out feasibility studies into the development of nuclear advanced modular reactors.

Interior of power plant with large chimney

Interior of power plant with large chimney. Credit: Anna Vaczi at Shutterstock.

The Department for Business, Energy and Industrial Strategy (BEIS) has up to £44 million to invest in an advanced modular reactor feasibility and development programme.

Up to £4 million pound is available for projects that look into the feasibility of designing new reactors that maximise the amount of off-site building and can generate lower cost electricity and provide additional benefits.

A further £40 million could be available to develop the best projects from the first phase of the competition.

The funding is for contracts under the SBRI (Small Business Research Initiative).

Providing low-cost electricity

The government believes nuclear energy will be an important part of the future energy mix. However, it needs to be competitive with other sources of low-carbon energy or provide additional benefits and functionality.

BEIS is looking for projects that focus on at least one of the following areas:

  • low-cost electricity generation
  • increased flexibility in providing electricity to the grid
  • additional functionality such as heat output for domestic or industrial use or production of hydrogen
  • alternative applications that could generate revenue and economic growth such as radioisotope production

Competition information

  • the competition opens on 7 December 2017, and the deadline for registration is at midday on 7 February 2018
  • SBRI is open to any organisation that can demonstrate a route to market for its idea
  • projects should be led by organisations with experience in nuclear reactor technologies. They are encouraged to work with innovative organisations both inside and outside the sector
  • we expect contracts for feasibility projects to be up to £300,000 and for projects to last up to 8 months
  • successful projects will attract 100% funded development contracts
  • a briefing event will be held on 12 December 2017
Published 7 December 2017