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Thanks to Dottie for alerting us tothis:
From World Nuclear Industry Status Report 1 February 2026:
Berlin (energate) – The gap between the hype and industrial reality surrounding nuclear energy is widening. This applies in particular to the smaller nuclear reactors, Small Modular Reactors (SMR). This is the conclusion of the World Nuclear Industry Status Report, which was commissioned by the Heinrich Böll Foundation, the Federal Office for the Safety of Nuclear Waste Management (BASE) and the Friedrich Ebert Foundation, among others.
According to the study, nuclear energy remains “irrelevant” on the global market, as the 5.4 GW increase in nuclear capacity is offset by 100 times the combined new capacity of over 565 GW of wind and solar energy. Wind and solar plants worldwide currently generate 70 per cent more electricity than nuclear reactors.
According to the report, there is still no market-ready product for Small Module Reactors (SMR), only a design certification and an approved standard design. Both come from the US company NuScale. The US Nuclear Regulatory Commission has already approved a total of three of the company’s models, but previous contracts with potential customers have been cancelled due to increased costs. A first mini-reactor was cancelled in 2023. According to the study, the two largest European start-ups Newcleo and Naarea are in financial difficulties; the French start-up Naarea has already filed for insolvency. The start-up is now to be taken over by the Polish-Luxembourgish group Eneris.
More at: https://www.worldnuclearreport.org/Ministry-of-the-Environment-Mini-reactors-not-an-option
Meanwhile from UK Minister for Energy (Michael Shanks) on 17 September 2025:
Nuclear energy provides the stable low-carbon baseload we need to keep the lights on and to support our economy. It is central to our clean power mission. That is why we have launched a new golden age of nuclear, committing £17 billion to the most ambitious programme of new nuclear for a generation. Our small modular reactor—SMR—programme, led by Great British Energy Nuclear, is an example of British innovation at its best. These mini reactors are smaller and quicker to build than traditional nuclear power stations, and we have been considering which is the best site to kick off the SMR programme now that we have reached that decision.
Last week, we announced that Wylfa on the north coast of Anglesey—Ynys Môn—is our chosen site for GBE Nuclear’s first SMR project. A written ministerial statement on the matter was made on Thursday. The initial project will see, subject to contracts, the construction of up to three Rolls-Royce SMR units. The site could host as many as eight, subject to future policy and funding decisions. That will deliver the largest industrial investment in north Wales for a generation. It will provide 3,000 good jobs on the site at peak construction. GBE Nuclear already looks forward to working with Welsh communities on the project, with work due to start on the site as early as next year.
We will be progressing the SMR project across this Parliament, working towards final investment decision. Meanwhile, large-scale nuclear power stations will also continue to make a vital contribution to our home-grown clean energy mix, complementing these SMRs. We will continue to act decisively, to invest ambitiously and to work with communities, investors and allies to deliver this golden age for new nuclear.
What is he risking for his career?
Talking-up Scotland 
”It is central to our clean power mission. That is why we have launched a new golden age of nuclear…”
Clean energy my arse.
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”Golden Age for new nuclear” , says Michael Shanks .
”Golden Age for new nuclear profits !” Fixed it for you , Michael !
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