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UK Greenlights First Rolls-Royce SMR Project Despite U.S. Pushback
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Why This Matters
The UK government has greenlit the first Rolls-Royce SMR project in Wales, despite pushback from the US, which has signed an agreement with the UK for SMR development but prefers a different company.
Market Impact
Market impact analysis based on bullish sentiment with 62% confidence.
Sentiment
Bullish
AI Confidence
62%
Article Context
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After selecting Rolls-Royce as the United Kingdom’s preferred bidder to build the country’s first small modular reactors (SMRs), the government has confirmed the start of project development in Wales. The development of SMR technology is expected to help the U.K. expand its nuclear power capacity, as well as become a competitive SMR power. However, the United States Trump administration, which recently signed an agreement with the U.K. for SMR development, does not support the choice of a British company for the development of the technology. …
Original article published by
OilPrice.com
on November 22, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.