CORE POWER has initiated a feasibility study to explore the integration of BWX Technologies’ mPower small modular reactor (SMR) technology into floating nuclear power plants. These plants are designed to be constructed in shipyards and deployed near high energy demand areas, addressing limitations in conventional energy infrastructure.
The study will evaluate various pathways—technical, regulatory, and commercial—for incorporating BWXT’s mPower reactor, which offers a generating capacity of 195 megawatts of electricity. It will also conduct systems engineering, marine integration studies, and techno-economic analysis, leveraging CORE POWER’s expertise in maritime nuclear energy systems.
This assessment aims to inform future engineering, regulatory, and commercial strategies for floating nuclear power deployment. CORE POWER emphasizes the urgency of reliable electricity supply in markets where traditional infrastructure cannot keep pace with demand.
Mikal Bøe, CEO of CORE POWER, highlighted the U.S.’s capabilities in nuclear technology and maritime industry, underscoring the company’s commitment to accelerating the transition from technology development to product delivery in the floating nuclear sector.
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