The Boston-based Deon Policy Institute has published a white paper that examines the applications of nuclear energy in the maritime sector—specifically, floating nuclear power plants and nuclear propulsion for commercial vessels. Topics covered include available technologies, preliminary cost estimates, and a status update on the regulatory framework.

Unique opportunity: The paper points out that nuclear energy has the potential to benefit the shipping industry with high energy efficiency, lower operating costs, and zero carbon emissions. The report has a special focus on Greece, a nation that controls about 20 percent of the global commercial fleet and thus has an opportunity to take a leading role in the transition to nuclear-powered shipping.

Prodigy Clean Energy and Lloyd’s Register have announced a collaboration to support the deployment of Prodigy’s “transportable nuclear power plants” (TNPPs) in Canada by 2030. Prodigy’s goal is to build marine-based nuclear power plants that are compatible with different end uses and reactor suppliers. What the plants would have in common is offshore siting close to an end user, which could include offshore oil and gas platforms, commercial seaports, mining operations, remote communities, and desalination plants.