Samsung
Samsung to develop a floating Nuclear Power Plant
Samsung has always strengthened its own ecosystem, based on its offshore manufacturing capabilities, Samsung Heavy Industry plans to develop a floating reactor power plant model of up to 800MW with Seaborg in this running year 2022.
The news firm ‘businesskorea‘ revealed Samsung Heavy Industries CEO ‘Jung Jin-taek’, stating that “We are concentrating our capabilities on developing innovative products based on carbon-neutral energy sources ranging from renewable energy to nuclear power.”
Samsung Heavy Industry has announced that it will develop offshore nuclear power plant facilities. The Company has signed an MOU on the 7th of April 2022 with Seaborg, Which is a compact molten salt reactor developer, to develop a floating nuclear power plant facility using CMSRs.
What are CMSRs?
It is a class of nuclear fission reactor in which a primary nuclear reactor coolant and fuel material molten salt mixture are put together in different chambers. These are safer reactors than conventional reactors because they operate with the fuel already in a molten state. In which the fuel mixture is designed to drain from the core where it will solidify preventing the nuclear meltdown which is directly associated with a hydrogen explosion, for example, that happened in Fukushima nuclear disaster in Japan.
CMSRs can generate electricity with high efficiency without emitting carbon dioxide by using such molten fission energy in a nuclear reactor, and they are generally compact than large size reactors.
Samsung applying this technology with Seaborg because of its expertise in the field of this compact solidifying molten compact reactors as it is less bulky to prepare a floating nuclear power reactor.
Seaborg?
Seaborg is a company in Copenhagen, Denmark. Researching and developing nuclear-capable technologies. Seaborg started in the year 2014 where three physicists were brewing beer and discussing existential matters. Today it is employed with the top class 80 Nuclear Engineers, and also operates a couple of licensed nuclear laboratories.
The statement about Seaborg collaborating with Samsung ” We expect the commercialization of offshore nuclear power plant that will accelerate technical cooperation with Samsung Heavy Industries, a global shipbuilder,” said Troels Schonfeldt, founder and CEO of Seaborg.