Rolls-Royce Holdings plc

Summary

Rolls-Royce Holdings plc operates as an industrial technology company in the United Kingdom and internationally. The company operates in four segments: Civil Aerospace, Power Systems, Defence, and New Markets. The Civil Aerospace segment develops, manufactures, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services. The Power Systems segment engages in the development, manufacture, marketing, and sale of integrated solutions for onsite power and propulsion for the marine, defense, power generation, and industrial markets. The Defence segment offers aero engines for military transport and patrol aircraft applications; and naval engines and submarine nuclear power plants, as well as aftermarket services. The New Markets segment develops, manufactures, and sells small modular reactor and new electrical power solutions. It also provides maintenance, repair, and overhaul services. Rolls-Royce Holdings plc was founded in 1884 and is headquartered in London, the United Kingdom.

Segments

Rolls-Royce Holdings plc operates as an industrial technology company in the United Kingdom and internationally. The company operates in four segments: Civil Aerospace, Power Systems, Defence, and New Markets.

New Markets

The Rolls-Royce New markets segments consists of 2 early stage businesses with high growth potential: Rolls-Royce Electrical and Rolls-Royce SMR.

Rolls-Royce Electrical

Electrification will contribute to decarbonisation of aviation and electrical technologies and capabilities can also be leveraged for civil, defence and marine applications. Smaller, all-electric aircraft will enable more efficient, quieter and zero-emission air mobility, while hybrid-electric systems increase range and enable more sustainable solutions for larger regional aircraft. The emerging market of advanced air mobility, which includes electrical vertical take-off (eVTOL) aircraft as well more conventional electric commuter aircraft, is aiming to enable a new way of using air mobility on urban and regional routes.

RR are championing aircraft electrification to deliver the clean, sustainable, safe, and silent propulsion and energy systems for the urban and regional air mobility markets of tomorrow.

RR develop complete power and propulsion systems for all-electric and hybrid-electric applications. Our systems under design feature the latest technology, from power generation and energy storage via power electronics and control systems to electric motors.

Electric propulsion unit for Urban Air Mobility

Electric propulsion unit for Urban Air Mobility

• Direct-drive, air-cooled 150 kW electric motor with integrated power electronics and control
• High external load capability with vertical, horizontal and tilting installation possible
• Torque to weight ratio of up to 28 Nm/kg thanks to integrated design, advanced thermal management and innovative topology
• Modular design & adaptive interface with integrated propeller bearing system
• High integrity design with using dual-lane concept

Electric propulsion unit for Regional Air Mobility

Electric propulsion unit for Regional Air Mobility

• Direct-drive, air-cooled 320 kW electric motor with integrated power electronics and control
• Power dense, compact modular & adaptable design for single, twin and quad engine aircraft platforms
• Patented multi-lane system architecture to meet highest safety standards for CS-23 applications

Energy Storage System

Energy Storage System

• Modular lithium-ion battery system for scalable configuration based on application demand
• Combination of 2-10 modules for system with 60 to 300 kWh capacity and 520 to 860 V nominal voltage
• Designed to meet highest safety levels
• State-of-the art cells with integrated aerospace battery management system packaged for safety and minimal weight
• Advanced thermal design enabling high performance, safety and cycle life

Turbogenerator system

Turbogenerator system

• High efficiency, dual-fuel capable turbogenerator system for hybrid-electric aircraft platforms
• 600 kW to > 1 MW scalable power output adaptable platform requirement
• Highly integrated design with power to weight ration <= 4 kW/kg
• SAF capable, provision for H2

Rolls-Royce Small Modular Reactors (SMR)

CAD visualisation of a SMR site

Rolls-Royce SMR Ltd is a factory built nuclear power plant that offers clean, affordable energy for all.

With an unprecedented demand for clean energy as global markets seek solutions to support their journey to net zero. The demand is for energy that is always on and which generates virtually no emissions. Nuclear energy is the most powerful source of ‘always on’ clean energy, however, it must be deliverable, scalable and cost competitive for it to be widely embraced.

Rolls-Royce's nuclear experience is complemented by their unique aerospace know-how of manufacturing, supply chain management and logistics. Together, that heritage and experience is at the core of the SMR program.

Rolls-Royce expects SMR to receive government approval by 2024 and expected to be fully integrated into the grid by 2030.

The Rolls-Royce SMR has the following benefits:

• Low cost

A highly competitive source of ‘always on’ clean energy, meeting global challenges in an affordable and investable way. Rolls-Royce SMR is a low-cost clean energy solution, using proven and commercially available technology to deliver a fully integrated, factory built nuclear power plant.

• Deliverable

Rolls Royce SMR will use the breadth of the UK supply chain, which is able to contribute more than 80% of each SMR by value – focusing on standardised, commercially available and off-the-shelf components. Approximately 90% of manufacturing and assembly activities are carried out in factory conditions, helping to maintain an extremely high-quality product - reducing on-site disruption and supporting international roll out.

• Global and Scalable

The need for clean energy has created a global demand for SMR as countries look for ways to provide reliable ways to achieve net zero.

The factory-built model is entirely scalable. Rolls-Royce SMR will support international efforts to decarbonise energy systems, with a forecast to target £250bn of exports. Memorandums of Understanding are already in place with Estonia, Turkey and the Czech Republic. The Rolls-Royce SMR programme is forecast to create 40,000 regional UK jobs by 2050 and generate £52bn in economic benefit.

The compact footprint increases site flexibility and maximises potential plant locations, including replacement for existing coal or gas-fired plants. It will occupy approximately one tenth of the size of a conventional nuclear generation site, helping to reduce local environmental impacts.

• Investable

By design, SMR is focused on attracting all forms of private capital to support the build out of global SMR demand. With a proven factory built commoditised approach, our SMR will offer investors and lenders a degree of confidence that will enable future customers to access a range of capital options to finance their SMR purchase.

For nuclear energy to play a meaningful and more significant role in net zero ambitions, it must be financeable without the need for Government intervention in the long term. A Rolls-Royce SMR power station will have the capacity to generate 470MW of low carbon energy, equivalent to more than 150 onshore wind turbines. It will provide consistent baseload generation for at least 60 years, helping to support the roll-out of renewable generation.