Korean team commits to R&D for marine molten salt reactors

June 14, 2021, 3:02PMNuclear News

Samsung Heavy Industries (SHI) has announced that it will develop marine molten salt reactor (MSR) technology with the Korea Atomic Energy Research Institute (KAERI). SHI president Jintaek Jeong and KAERI president Park Won-seok on June 9 signed an agreement to establish a strategic cooperative relationship and conduct joint research.

The year in review 2020: Research and Applications

January 8, 2021, 11:59AMNuclear News

Here is a look back at the top stories of 2020 from our Research and Applications section in Newswire and Nuclear News magazine. Remember to check back to Newswire soon for more top stories from 2020.

Research and Applications section

Core Power thinks nuclear will make waves in commercial shipping

November 5, 2020, 9:40AMNuclear News

Illustration of Core Power’s modular MSR concept. Image: Core Power

Core Power is a tiny startup that is bullish on the prospects for nuclear-powered ocean transportation. The company announced on November 2 that it is part of a team that has applied for a cost-shared award from the Department of Energy’s Advanced Reactor Demonstration Program (ARDP) to build a prototype molten salt reactor (MSR). Core Power believes that MSRs could be used for propulsion or electricity generation to decarbonize the world’s commercial shipping fleet.

Based in London, England, Core Power is the only non-U.S. member of the team, which includes TerraPower, Southern Company, and Orano USA. As a marine engineering firm, Core Power says that it offers its ARDP partners “access to pent-up demand from a market with real customers.” An announcement of ARDP “risk reduction for future demonstrations” award winners is expected in December.