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HD Korea Shipbuilding & Offshore Engineering (KSOE), a subsidiary of South Korea's HD Hyundai, is to collaborate in a nuclear shipping project with UK start-up Core Power and US Southern Company and TerraPower. This followed a joint research and technology exchange meeting at Terrapower’s headquarters in Washington DC.

Date: Saturday, 10 February 2024
Original article: neimagazine.com/news/newskorean-shipbuilder-joins-nuclear-shipping-project-11502161

South Korea's HD Korea Shipbuilding & Offshore Engineering (KSOE) plans to develop a small modular reactor (SMR) for use in shipping in cooperation with the UK's Core Power and the USA's Southern Company and TerraPower.

Date: Thursday, 08 February 2024
Original article: world-nuclear-news.org/Articles/Korean-shipbuilder-joins-maritime-SMR-project

Nuclear will be needed to help decarbonise the shipping industry - whether by having nuclear-powered ships or using nuclear to produce alternative fuels - a conference organised by Core Power has heard. However, speakers noted that regulatory issues must be resolved before this can happen.

Date: Friday, 22 September 2023
Original article: world-nuclear-news.org/Articles/Regulatory-changes-needed-for-new-nuclear-for-mari

US-based BWX Technologies (BWXT) has signed a two-phase, two-year contract with the US Wyoming Energy Authority (WEA) to assess the viability of deploying small-scale nuclear reactors in the state. BWXT said it will execute the contract in close consultation with the State of Wyoming and other Wyoming organisations and companies.

Date: Friday, 15 September 2023
Original article: neimagazine.com/news/newsbwxt-to-evaluate-microreactor-deployment-in-wyoming-11146865

Even oil-rich companies of Middle East are eying reactors, as more nations announce plans for SMRs Russian troops occupied the Zaporizhzhia nuclear station, which was damaged by shelling. File photo courtesy IAEA. 2022 was a year of mega milestones for nuclear energy.

Countries around the world turned to nuclear as a reliable low-carbon energy source as they looked for ways to wean themselves off Russian imports and lower carbon emissions.

New plants began operating, deals for small modular reactors were signed and countries announced ambitious plans for new-build.

On the political front, US president Joe Biden signed into law new legislation that will help to finance struggling nuclear reactors and could save dozens from being shut down early. In Europe, the nuclear industry celebrated when members of the European parliament decided to “follow the science” and support legislation which includes nuclear in the bloc’s sustainable finance taxonomy for green investment.

Date: Tuesday, 10 January 2023
Original article: nucnet.org/news/five-major-developments-that-are-setting-the-stage-for-2023-and-beyond-1-1-2023