Westinghouse Electric Company and CORE POWER have announced a formal cooperation agreement for the design and development of a floating nuclear power plant.
Built around the Westinghouse eVinci™ microreactor, the agreement will see the pair develop the design of a floating nuclear power plant using the eVinci microreactor and its heat pipe technology. In addition, the companies will collaborate to develop a regulatory approach to licensing floating nuclear power plant systems.
“With this groundbreaking agreement, we will demonstrate the viability of the eVinci technology for innovative use cases where power is needed in remote locations or in areas with land limitations,” said Jon Ball, President of eVinci Technologies at Westinghouse.
“There’s no net-zero without nuclear. A long series of identical turnkey power plants using multiple installations of the Westinghouse eVinci microreactor delivered by sea, creates a real opportunity to scale nuclear as the perfect solution to meet the rapidly growing demand for clean, flexible and reliable electricity delivered on time and on budget,” added Mikal Bøe, CEO of CORE POWER.
Floating nuclear power plants, which can be centrally manufactured and easily transported to operating sites, offer a new approach to deploying nuclear energy in islands, ports, coastal communities and industry.
