Following the recent publication of the Business, Energy and Industrial Strategy (BEIS) Select Committee’s report on the nuclear industry post-Brexit, the Institution for Mechanical Engineers have echoed their findings. In a report published last week (Leaving the EU, the Euratom Treaty Part 2: A Framework for the Future) the Institution argues that small modular reactors could be the key to securing the UK’s nuclear future post-Brexit.
The risks to the UK nuclear industry post-Brexit are well known, with leaving Euratom a particular concern that could damage nuclear innovation, as well as risk fuel supply and confuse regulation. The Institution’s report suggests some paths the UK Government could take to tackle this key issue Brexit poses. For instance, they recommend developing a UK Safeguarding Office to conform to international rules, as there is no fall back to Euratom in a no-deal scenario. This would cover regulation of safety and non-proliferation. In the Institution’s (and in Weinberg’s) view, the UK would ideally seek associate membership of Euratom to continue research and development cooperation.
This research and development commitment is key, with the Institution’s argument in this report being that Small Modular Reactors (SMRs) could be the sector that secures the nuclear industry’s success post-Brexit. As such they recommend pursuing the currently delayed SMR competition, opportunities for demonstration and commercialisation, and collaboration with devolved and local government to ensure sites are developed. The report mentions Trawsfynydd in Wales as one such option for development.
Jenifer Baxter, the Institution’s head of energy and environment and lead author of the report, said “The UK’s departure from the EU and Euratom is likely to be complicated and difficult, but it also presents the country with an opportunity to reshape its nuclear industry and once again become a world-leading innovator in nuclear technology.”
Weinberg Next Nuclear believe the Government should take very seriously the reports from the BEIS Select Committee and the Institution of Mechanical Engineers, and make the production of a nuclear strategy plan a priority. Brexit poses many risks to the UK nuclear industry and it is essential that these be managed to allow the UK’s nuclear sector to thrive again.