South Korean shipbuilder Samsung Heavy Industries has announced plans to develop nuclear power plant technology for ships as the industry seeks ways to reduce and eventually eliminate its carbon emissions.
SHI has reached an agreement with Korea Atomic Energy Research Institute (KAERI) to research and develop Molten Salt Reactors (MSR) technology for use in floating power plants and in ships.
SHI sees MSR technology as a potential ‘zerocarbon energy source’ that can help the shipping industry achieve its ambition of slashing its total greenhouse gas emissions by half by 2050, and eliminate them entirely by the end of the century. The shipbuilder said it plans to pioneer the MSRbased floating nuclear power plant and nuclearpowered ship market.
“MSR is a carbonfree energy source that can efficiently respond to climate change issues and is a nextgeneration technology that meets the vision of Samsung Heavy Industries. We plan to focus on R&D to become a new future growth engine,” said SHI president Jintaek Jeong.
The agreement with KAERI includes joint research plans for MSR technology and related equipment, such as heat exchangers; offshore nuclear product design and business model development; and performance verification and economic evaluation.
SHI says MSR technology is promising because of the module reactor size, highefficiency power, and high level of safety. If an abnormal signal occurs, the reactor is designed to solidify the molten salt to prevent serious accidents.
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