LONDON, Feb 28 (Reuters) - The British government's
competition to select companies to develop small modular nuclear
reactors (SMRs) is on track to reach a decision in the spring,
the country's nuclear body said on Friday, launching the final
invitation to tender.
Four vendors remain in the competition for what could be
government contracts worth billions of pounds: Rolls Royce
, Westinghouse, Holtec Britain and GE-Hitachi Nuclear
Energy - an alliance between General Electric Co ( GE ) and
Japan's Hitachi Ltd. ( HTHIF )
Successive British governments have championed the benefits
of SMRs - effectively small-scale nuclear plants - in search of
a way to avoid the high upfront costs, planning delays and
difficulty of securing investors associated with larger plants.
Earlier in February, Prime Minister Keir Starmer promised to
free up more sites for nuclear energy developments across
England and Wales, hoping to attract private investment to help
power energy-hungry development such as artificial intelligence
data centres.