The project is currently in the concept phase and is being designed with the intent to serve a non-specific port located in the southern United States, as per the press release.
The companies will also work closely to perform risk assessments and develop the general arrangements for the barge that will house the nuclear reactors.
“Nuclear fission is a well-understood and practiced process. It allows us to access an enormous energy resource safely, reliably, and on-demand without emitting greenhouse gases. Over 80 percent of the cost of nuclear power on land is in civil construction, with reactors and power systems accounting for less than 20 percent,” said Mikal Bøe, CEO of Core Power.
“FNPPs will be shipyard-manufactured and mass-assembled, ensuring delivery speed and low costs. Using FNPPs to power ports solves the electrification challenge and creates local energy security.”