Transatlantic nuclear energy deals estimated to be worth over $100 billion have been announced ahead of President Donald Trump’s state visit to the United Kingdom this week.
TerraPower, a Bill Gates-backed developer of small nuclear reactors, announced Monday that it would work with engineering firm KBR to study potential sites in the U.K. to deploy its advanced Natrium reactors.
Rockville, Maryland-based X-energy and British energy company Centrica also announced plans to deploy up to 72 small reactors for electricity and industrial heat in the U.K.
Trump administration officials and the office of British Prime Minister Keir Starmer say the two countries aim to accelerate deployment of small modular reactors on both sides of the Atlantic. Electricity demand is going up in both countries, and the United States is seeing a resurgence in private-sector investment and political support for advanced nuclear technology. U.S. companies say they’re eager to do business in Europe.
