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Read our latest report14 November 2019
U-Battery held a successful Supplier Day at its consortium partner Urenco’s UK site last week, building good relationships as the development phase progresses.
The event attracted approximately 40 different organisations and featured presentations from Andy Storer, CEO of Nuclear AMRC (Advanced Manufacturing Research Centre), senior members of the U-Battery team and our consortium partners.
It presented a good opportunity to start to build the future supply chain for the micro nuclear reactor, which has continued to make positive progress this year.
Advancements on licensing and design have confirmed and refined the U-Battery model to produce firm capital cost estimates for the next phase of engineering, licensing, procurement and manufacturing and clarify future investment opportunities.
U-Battery has begun to expand its design and licensing team in preparation for the next stage and will be looking to attract new partners to work on the development of the reactor. Urenco is the founding partner of the U-Battery consortium and its core expertise is enriching uranium to produce fuel for current and advanced nuclear technologies, including U-Battery.
The UK U-Battery Supplier Day followed a similar event, which was held in Canada last month, as part of our dual track approach of initially targeting the UK and Canadian markets.
Steve Threlfall, U-Battery General Manager, said: “U-Battery is widely recognised within the nuclear industry and by UK and Canadian Governments as a credible and exciting opportunity in creation of advanced nuclear technology to help provide sustainable energy and meet decarbonisation challenges.
“Engaging with suppliers is an important next step in our development journey as we continue to progress towards building our organisation; and designing, licensing and constructing a first of a kind reactor. We were delighted to meet with a wide variety of organisations and have a valuable and insightful exchange of ideas. We will look to develop these relationships into further meaningful progress.”
U-Battery is a micro modular reactor which will be able to produce heat and local power for a range of energy needs. It is being developed by Urenco in partnership with Wood, Kinectrics and Laing O’Rourke.
About Urenco
Urenco is an international supplier of enrichment services and fuel cycle products with sustainability at the core of its business. Operating in a pivotal area of the nuclear fuel supply chain for 50 years, Urenco facilitates zero carbon electricity generation for consumers around the world.
With its head office near London, UK, Urenco’s global presence ensures diversity and security of supply for customers through enrichment facilities in Germany, the Netherlands, the UK and the USA. Using centrifuge technology designed and developed by Urenco, and through the expertise of our people, the Urenco Group provides safe, cost effective and reliable services; operating within a framework of high environmental, social and governance standards, complementing international safeguards.
Urenco is committed to continued investment in the responsible management of nuclear materials; innovation activities with clear sustainability benefits, such as nuclear medicine, industrial efficiency and research; and nurturing the next generation of scientists and engineers.
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