ABB signs MoU with Rolls-Royce SMR on small modular reactor collaboration
ABB and Rolls-Royce SMR sign collaboration memorandum
ABB signed a memorandum of understanding with Rolls-Royce SMR to collaborate on small modular nuclear reactor projects.
- The partnership targets standardized, factory-built units rated at 470 MW, aiming to reduce delivery risk and improve schedule certainty.
- ABB will assess deploying automation, electrification, instrumentation, and communications to help scale a planned fleet of reactors.
- Rolls-Royce SMR is advancing site-specific work for an initial three-unit UK deployment, with additional projects under development in Europe.
- The IEA forecasts global SMR capacity of 40 GW by 2050 under current policies, rising to 120 GW with stronger support.
