FRANKFURT, Feb 28 (Reuters) - Siemens Energy on Friday
said it has entered a partnership that is expected to make the
German group the exclusive supplier of conventional technology
for future small modular nuclear reactors (SMR) to be built by
Rolls-Royce SMR.
Under the agreement, to be finalised by end-2025, Siemens
Energy would supply steam turbines, generators and
"other auxiliary systems" for Rolls-Royce SMR's planned
Generation 3+ modular nuclear power plants, it said.
So-called SMRs are being developed by global nuclear energy
suppliers to produce power plant technology that is easily
replicable, faster and cheaper to deploy than traditional
large-scale plants.
"We are currently experiencing a global renaissance of
nuclear energy," Siemens Energy board member Karim Amin said.
"Numerous countries are turning to nuclear technology to
produce low-emission electricity, and small modular reactors
will play a key role in this."
Rolls-Royce SMR -- which is majority owned by Rolls-Royce
while Qatar, Constellation Energy ( CEG ) and investor BNF
Resources hold minority stakes -- is one of the companies
shortlisted by Britain to develop SMRs.
Czech electricity producer CEZ in October said it
would take a minority stake in Rolls-Royce SMR, whose reactors
can achieve output of up to 470 megawatts, enough to power
around 1.1 million households.