Franco-British partnership to develop fourth-generation nuclear technology
(EurActiv, 16 Jan 2024) UK company Newcleo and French company NAAREA are set to form a strategic partnership to accelerate the development of their fourth-generation nuclear technologies, the two announced in an interview with Euractiv France, AFP and Le Figaro on Tuesday (16 January).
On Tuesday, the two start-ups announced they were joining forces to “support the industrial, technological, scientific and regulatory deployment” of fourth-generation nuclear reactors, known as advanced modular reactors (AMRs), they said in a statement.
This category of reactors, part of the broader family of small modular reactors (SMRs), combines several technologies with the unique feature of using already used nuclear fuel from existing reactors.
Both companies already have projects in the pipeline.
While NAAREA is developing a molten salt-fast neutron nuclear micro-generator capable of producing 40 MW of electricity and 80 MW of heat, Newcleo is developing two concepts for lead-cooled mini-fast reactors (30 MW and 200 MW).
Both projects are scheduled for similar dates: 2026 for the non-nuclear prototype and 2030 for the first fueled prototype.
Together, the two companies hope to benefit from the synergies emerging at the European level by developing small modular reactors (SMRs).