Rolls-Royce has secured funding to develop a new generation of nuclear reactors. The company received a £195m cash injection from private firms and a £210m grant from the government. The new breed of mini nuclear reactors is much smaller than conventional ones, but still as big as a football stadium. The reactors are based on a similar technology used to propel nuclear submarines, with each reactor being able to generate low-carbon energy to supply 1m homes. At present, there are no working examples of these reactors anywhere in the world. The project is a cornerstone of the UK government's plan to reach net zero.
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