London | Rolls-Royce is in a “good position” to develop technology for a new generation of small nuclear power plants in the UK, according to Britain’s energy secretary, who will on Tuesday (Wednesday AEST) launch an international competition for the work.

Grant Shapps told the Financial Times that small modular reactors would help hit the UK’s target of producing 25 per cent of its electricity from nuclear by 2050, up from about 15 per cent currently.

Financial Times