ABS Issues Approval for Korean Nuclear Power Module

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ABS has issued Approval in Principle (AiP) to HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for their concept of a floating small modular reactor (SMR)-powered power module.

The design is intended to generate electricity offshore and near shore, supporting port facilities and onshore communities.

Patrick Ryan, ABS Senior Vice President and Chief Technology Officer, said: ‘Floating nuclear power facilities show promise in supporting power grids, microgrids, industrial and port operations, data centers, and other uses. Additionally, today’s advanced nuclear technology has a different risk profile from traditional reactor technology with state-of-the-art designs and with lower enrichment fuels, making commercial offshore and maritime applications more viable.’

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Source: ABS