Prototype nuclear reactor for ports

CORE POWER is participating in a programme to build the world’s first molten chloride fast reactor which will ‘change the way nuclear power works’, potentially unlocking safe, emission-free power for the shipping industry.

The initial aim is for shipyard-manufactured floating nuclear power plants that would produce green fuels derived from hydrogen through electrolysis of desalinated seawater.

These could be anchored offshore close to key bunkering ports to provide local and affordable green fuel production.

“We have come a very long way, and thanks to the incredible support we have had from the shipping industry we are turning our vision into reality,” said Mikal Bøe, chief executive and chair of CORE POWER.

In recognition of the company’s role in bringing game-changing solutions to shipping, CORE POWER was honoured at the International Bulk Journal Awards on 20 November, winning the Innovative Technology (Marine) category.

“This award is testament to the growing acceptance that the global maritime industry needs nuclear for shipping to meet decarbonisation goals,” said Bøe.