Samsung Heavy to develop offshore nuclear power plants

Samsung Heavy Industries Chairman Jung Jin-taek (right) poses for a photo after signing a deal with Denmark’s Seaborg.

Samsung Heavy Industries will develop offshore nuclear power plant facilities. It announced on April 7 that it had signed a memorandum of understanding with Denmark’s Seaborg, a developer of compact molten salt reactors (CMSRs), to develop a floating nuclear power plant using CMSRs.

CMSRs can generate electricity with high efficiency without emitting carbon dioxide by using nuclear fission energy. They are smaller than large general nuclear reactors, so they have a wide range of applications. They feature high stability, as they are designed to solidify molten salt when an abnormal signal occurs inside.

Based on its offshore plant manufacturing capabilities, Samsung Heavy Industries plans to develop a floating reactor power plant model of up to 800 MW with Seaborg by 2022. It plans to expand its business to plant development hydrogen and ammonia production plants that use electricity generated by floating. power stations.

“We expect the commercialization of offshore nuclear power plants to be accelerated through technology cooperation with Samsung Heavy Industries, a global shipbuilder,” said Troels Schönfeldt, founder and CEO of Seaborg.

“We focus our capabilities on developing innovative products based on carbon-neutral energy sources ranging from renewable energy to nuclear energy,” said Samsung Heavy Industries CEO Jung Jin-taek.


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