SMR-300
Holtec Britain’s SMR-300 will produce a steady source of low carbon electricity, safely bringing 300 MW of green power to UK homes and businesses for 80 years and beyond
The SMR-300 has been engineered using proven Pressurised Water Reactor (PWR) technology, using fuel similar to that already used at Sizewell B, and other new UK reactors under development including Hinkley Point C.
We have drawn upon decades of proven PWR operating experience and Holtec’s manufacturing pedigree, as well as existing UK nuclear presence at Sizewell B. We have the ability to manufacture large reactor components in our own facilities which gives us quality control and value for money.
The result? A sustainable and reliable contribution to UK energy independence for generations to come.
Investing £1.5bn in the UK’s clean energy mission
Holtec are gearing up to build a state-of-the-art factory in the UK that will revolutionise the Small Modular Reactor (SMR) industry. This move highlights our passion for innovation and sustainability, while meeting the escalating needs of our worldwide clientele. Projected to inject £1.5 billion in Gross Value Added (GVA), this initiative promises to ignite economic growth and prosperity in the chosen location and its surrounding areas. Find out more about our game-changing venture!
Creating 16,300 well-paid UK SMR jobs
Investing in 350 new apprentices and graduates
Investing £50+ million into UK skills and training
Best practices and partnerships from South Korea, the US and UK
A new £1.5bn advanced UK SMR factory supporting 1,800 high-paying UK jobs
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A Sustainable Solution
Addressing the UK’s growing energy needs in an ecologically responsible manner requires us to explore alternatives beyond the traditional fossil fuel and renewable energy solutions.
Recognised as environmentally sustainable within the UK’s green taxonomy, nuclear power does not produce greenhouse gas emissions during operation and is able to generate electricity regardless of weather conditions.
Throughout its lifecycle, nuclear power generates around the same amount of carbon dioxide-equivalent emissions per unit of electricity as wind energy, and only one third of the emissions per unit of electricity compared to solar power. Nuclear energy is also the most efficient in terms of land use, needing 27 times less land per unit of energy than coal and 34 times less than solar power.
Generic Design Assessment (GDA)
The Office for Nuclear Regulation (ONR), Environment Agency and Natural Resources Wales are working together to make sure any new nuclear power stations built in Great Britain meet high standards of safety, security, environmental protection and waste management.
Generic Design Assessment is a process used by the regulators to scrutinise new nuclear power stations at an early stage and assess their acceptability for use in Great Britain.
The UK Government has awarded Holtec Britain £30 million of grant funding from the Future Nuclear Enabling Fund for Holtec to complete Steps 1 and 2 of the GDA to progress towards UK deployment of our Small Modular Reactor, SMR-300. Holtec is match funding the contribution from the Government.
A £1.5bn UK Factory
- £30 Billion Export Opportunity: Projected over 10 years
- 3,000 Engineering Jobs: Created over 20 years.
- £1.5 Billion GVA: Added to the economy of the chosen location
- Nuclear Fuel-Free: The factory will not handle any nuclear fuel
Seamless SMR-300 design
- £30 Million Funding: Awarded by the Future Nuclear Enabling Fund in 2023 for the GDA of our SMR-300
- Proven Technology: Our SMR-300 uses Pressurised Water Reactor technology, the most widely deployed
- Seamless Integration: Our design fits seamlessly into the existing UK nuclear ecosystem
- $120 Million Grant: Received from the US Department of Energy for further development and testing of our SMR design
World leading partners
- 30+ Years Experience: Leading nuclear delivery in the UK
- 2,000+ Employees: Operating worldwide.
- Industry Leader: Largest US exporter of nuclear components and top commercial decommissioning company
- Global Reach: 142 nuclear plants rely on Holtec for spent fuel storage and transport, capturing over 60% of the US market and 40% internationally
- Strategic Partnerships: Collaborating with Balfour Beatty and Hyundai Engineering & Construction, the major South Korean construction company who has delivered 18 nuclear plants
- Strategic Position: Facilitating US, UK, and South Korean strategic cooperation
