Rolls-Royce Touts Nuclear Reactors as Key to Clean Jet Fuel [Yahoo! Finance News]
ROLLS ROYCE HLDGS S/ADR (RYCEY)
NASDAQ:AMEX Investor Relations:
rolls-royce.com/investors.aspx
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Source: Yahoo! Finance News
) -- Rolls-Royce Holdings Plc is pitching nuclear reactors as the most effective way of powering the production of carbon-neutral synthetic aviation fuel without draining global electricity grids. Drawing on technology developed for nuclear-powered submarines, the small modular reactors or SMRs could be located at individual plants to generate the large amounts of electricity needed to secure the hydrogen used in the process, according to Chief Executive Officer Warren East. Synthetics and biofuels are likely to become the mainstay of aviation in coming decades, East said, providing liquid propellants for the next generation of aero-engines before the advent of all-electric alternatives. Reactors that could power the hydrogen extraction are small enough to be transported by truck and would occupy a building one-10th the size of a nuclear power station. An SMR attached to a synthetic fuel plant would “provide a very competitive solution,” East said in a briefing at the Aviation Club in
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