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CORE Power joins team to develop atomic technology to power ships in the U.S.

03 Nov 2020

London-based technology firm  CORE Power on Monday (2 November) said it has joined a leading international team with Southern Company, TerraPower, and Orano USA to develop Molten Salt Reactor (MSR) atomic technology in the United States. 

The marine Molten Salt Reactor is an ‘atomic battery’ pack providing a clean, safe energy solution for shipping.

“We’re pleased to work with such outstanding partners in developing game-changing technology to help transport and industry transition to a clean energy future”, said Mikal Bøe, CEO of London-based CORE POWER.

The CORE team said it has submitted its application to the US Dept. of Energy to take part in cost-share risk reduction awards under the Advanced Reactor Demonstration Programme to build a prototype MSR, as a proof-of-concept for a medium-scale commercial-grade reactor.

“The implications of the MSR for transport and industry could be transformational, as we seek to build scale-appropriate technology and broad acceptance of modern and durable liquid-fuelled atomic power to shape the future of how we deal with climate change,” added Bøe.

CORE noted that over the next few decades as many as 60,000 ships must transition from combustion of fossil fuels to zero-emission propulsion. 

The UN’s maritime agency IMO has mandated with unanimous approval from 197 countries that shipping must reduce emissions by 50% of the 2008 total, before 2050. This means an actual emission reduction of almost 90%, by 2050.

MSR technology being developed by the consortium could achieve that goal, by powering production of green sustainable fuels for smaller ships and providing onboard electric power for large ships, with zero emissions as standard.

Photo credit: CORE Power
Published: 3 November, 2020


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