SEOUL, April 8 (Korea Bizwire) — South Korean shipbuilder Samsung Heavy Industries Co. said Thursday that it had signed a memorandum of understanding with Danish startup Seaborg Technologies to develop floating nuclear power plants.
The two parties intend to develop a floating nuclear power plant on the basis of compact molten salt reactor (CMSR), a next-generation compact energy source that ensures efficient production of electricity without emitting carbon dioxide by using nuclear fission energy.
In collaboration with Seaborg, Samsung Heavy plans to develop a floating CMSR power generation model with a maximum output of 800 megawatts by the end of this year, as well as to jointly promote the certification of classification society and sales activities.
Samsung Heavy is also on track to develop production facilities for green energy such as hydrogen and ammonia by using the electricity produced through the floating power plant.
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