As countries around the world increasingly develop technologies to reduce their carbon footprint, compact floating nuclear power plants are emerging as the new competing technology. To this end, Samsung Heavy Industries (SHI) and Seaborg have signed a cooperation agreement to develop a floating nuclear power plant based on Seaborg's Compact Molten Salt Reactor (CMSR), ready to be moored in an industrial port and linked with onshore grid connected. The agreement includes the development of a hydrogen production plant and an ammonia plant capable of mass production for expanded applications.
The floating nuclear power plant is a turnkey product, ready to be moored in an industrial port. At the port, a transmission cable will be connected to the electricity grid onshore. An optional solution would be to place a hydrogen or ammonia production plant next to a floating nuclear power plant, using carbon dioxide-free fission energy to produce both hydrogen and ammonia.
The floating nuclear power plant is designed to be modular, providing up to 800 megawatts of power over a 24-year life, cost-competitively whether it is connected to the grid at an existing coal port or the generation of hydrogen and ammonia.
Samsung Heavy Industries (SHI) said that CMSR is a carbon-free energy source that can effectively address climate change issues and is a next-generation technology that aligns with Samsung Heavy Industries' vision. In addition, when an abnormal signal occurs inside the reactor, the molten salt of the liquid nuclear fuel solidifies to prevent a serious accident at the source, while providing high safety and efficient electricity and hydrogen production.
