Rolls-Royce nuclear mini-reactor operation plans to contract blitz after government backs plans to build more than a dozen plants in Britain
By Francesca Washtell, Financial Mail on Sunday
Rolls-Royce’s nuclear mini-reactor operation is planning a recruitment drive after the government backed plans to build more than a dozen plants in Britain.
The engineer’s ‘small modular reactors’ company is set to hire 500 people over the next 12 months, with 400 joining this year.
More than 150 employees are scheduled to transfer from the parent company, which owns a 70 per cent stake in Rolls-Royce SMR, bringing its workforce to around 700.
Hiring blitz: Rolls-Royce’s ‘small modular reactors’ company is set to hire 500 people in the next 12 months, with 400 joining this year
Boris Johnson has backed the project and has pledged £210m in grants to get it off the ground. He has also received backing from the Qatar Investment Authority.
The company says that if it gets regulatory approval from the government by 2024, then it can provide power to the UK grid by 2029.
SMRs can largely be built in factories and assembled on site, making them cheaper and faster to assemble than traditional reactors.
Each one will cover a site the size of two football fields and can power a million homes.
Rolls-Royce SMR is drawing up a list of locations for its first factory.
It received about 100 submissions from areas that are offered to host the site.
A Rolls-Royce SMR spokesman said the wave of hires would “create a legacy for generations to come”.