SGE files plan for 14 small modular reactors across UK in 35 billion pound program
Britain could draw over 10% of its power from one privately funded nuclear plan. SGE, backed by Polish billionaire Michal Solowow, filed to build 14 small modular reactors at three UK sites: a 35 billion pound program using GE Vernova $GEV BWRX-300 units, first power targeted for
Anyone tracking Britain's energy security has a new player to watch. SGE SA, a small nuclear developer backed by Polish billionaire Michal Solowow, has submitted plans to build a 35 billion pound (about 46 billion dollar) fleet of 14 small modular reactors across three UK sites, with the first units expected to start generating in 2034. The application was filed under the UK's Advanced Nuclear Framework and would use GE Vernova $GEV Hitachi BWRX-300 reactors. Together the units would produce 4.2 gigawatts, equal to more than 10% of the country's electricity, enough to supply close to 8 million homes for decades. Google Cloud, part of Alphabet $GOOGL, and Samsung C&T are named among the deployment team. SGE says the bulk of the cost would be privately financed and commercially led, structured under a contract-for-difference framework with National Wealth Fund engagement, and states there would be no charges to consumers before the plants operate. The developer expects the project to enter the Advanced Nuclear Pipeline in November, with site selection and government negotiations set for the first half of 2027.