2022-04-12 12:30:00
SAMSUNG, SEABORG CMSR
WNN - 08 April 2022 - The Memorandum of Understanding is to manufacture and sell turnkey power plants combining Samsung Heavy Industry’s ship-building expertise and the Danish company’s Compact Molten Salt Reactor (CMSR). It also covers development of hydrogen production plants and ammonia plants.
Seaborg’s design is for modular CMSR power barges that can produce between 200 MW and 800 MW of electricity, with an operational life of 24 years. Instead of having solid fuel rods that need constant cooling, the CMSR’s fuel is mixed in a liquid salt that acts as a coolant, which means that it will simply shut down and solidify in case of emergency.
Jin-Taek Jeong, president and CEO of Samsung Heavy Industries, said: "CMSR is a carbon-free energy source that can efficiently respond to climate change issues and is a next-generation technology that meets the vision of Samsung Heavy Industries.
"Through this agreement, we plan to pioneer the CMSR-based floating nuclear power plant market as part of strengthening its future new business opportunity."
The partnership agreement was signed at an online event, with Seaborg CEO and co-founder Troels Schönfeldt saying: "We are honoured and proud to have formed this partnership with Samsung Heavy Industries, one of the world’s largest and most experienced shipyards. It is another step forward in our quest to introduce a new generation of nuclear reactors that are clean and safe and can be built using industrial technology with all the benefits of scalability, speed, and lower costs."
The timeline for Seaborg, which was founded in 2014, has been for commercial prototypes to be built in 2024 with commercial production of Power Barges beginning from 2026.
Samsung Heavy Industries signed an agreement in June last year with the Korea Atomic Energy Research Institute for offshore molten-salt-cooled reactors development and research.
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Earlier:
2022, April, 8, 10:45:00
CANADA'S NUCLEAR SMR
Microreactors are one of the three development streams identified in a joint strategic plan setting out a path for developing and deploying SMRs released by the governments of Ontario, Saskatchewan, New Brunswick and Alberta in March, and Bruce in 2020 agreed with Westinghouse Electric Company to pursue applications of Westinghouse's eVinci microreactor within Canada.
2022, April, 8, 10:40:00
U.S., LATVIA NUCLEAR SMR
The US-Latvia FIRST project will draw on expertise from across government, industry, national laboratories, and academia for policy and technical exchanges focused on topics such as workforce development, stakeholder engagement, regulatory development, and familiarisation with advanced nuclear energy technologies, such as small modular reactors (SMRs), to support Latvia’s energy independence and security and climate priorities.
2022, April, 7, 14:05:00
U.S. NUCLEAR FUEL FOR SMR
Xe-100 developer X-energy announced on 4 April that its wholly-owned subsidiary, TRISO-X LLC, has selected the Horizon Center Industrial Park in Oak Ridge to site the plant, which will initially produce 8 tonnes of fuel per year - enough to support about twelve Xe-100 small modular reactors.
2022, March, 21, 12:00:00
CANADA'S SMR INVESTMENT
The eVinci microreactor is a heatpipe reactor able to deliver combined heat and power (5 MWe and up to 13MWt).
2022, February, 16, 11:25:00
RUSSIAN NUCLEAR INVESTMENT RUB100 BLN
Projects for the creation of new nuclear power facilities will receive about RUB56 billion from the National Wealth Fund (NWF), another RUB40 billion will be allocated from the budget.
2022, February, 15, 14:00:00
NUCLEAR SMR FOR POLAND
The new agreement follows the signing of a Memorandum of Understanding (MoU) in September 2021 by NuScale Power, KGHM and business engineering advisory consultancy PBE to jointly explore the deployment of NuScale's SMR technology as a repowering or repurposing solution for existing coal-fired power plants and electricity and heat for KGHM's industrial processes in Poland.
2022, February, 10, 15:00:00
NUCLEAR SMR FOR SOUTH AFRICA
South Africa is the only African country with an operational nuclear power plant.
