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BEIS is investing up to £44 million in the Advanced Modular Reactor (AMR) feasibility and development (F&D) project. Advanced Modular Reactor (AMRs), here defined as a broad group of advanced nuclear reactors, differ from conventional reactors, which use pressurised or boiling water for primary cooling. They aim to maximise the amount of off-site factory fabrication and can target:
generating low cost electricity
increased flexibility in delivering electricity to the grid
increased functionality, such as the provision of heat output for domestic or industrial purposes, or facilitating the production of hydrogen
alternative applications that may generate additional revenue or economic growth
Phase 1 provided funding of up to £4 million to undertake a series of feasibility studies for AMR designs, with contracts worth up to £300,000.
The following 8 organisations were awarded contracts to produce feasibility studies as part of phase 1 of the AMR F&D project:
Advanced Reactor Concepts LLC
Blykalla Reaktorer Stockholm AB (LeadCold)
Moltex Energy Limited
Tokamak Energy Ltd
U-Battery Developments Ltd
Ultra Safe Nuclear Corporation
Westinghouse Electric Company UK
Each organisation provided an abstract summarising their proposal (the claims and opinions expressed in the abstracts are those of the applicant organisation and don’t necessarily reflect the official policy or position of BEIS).
Subject to phase 1 demonstrating clear value for money and government approval, a share of up to £40 million was available for selected projects from phase 1 to undertake development activities. A possible further £5 million was also made available to regulators to support this.