HD Hyundai Launches New Nuclear Initiative

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  • HD Hyundai Shipbuilding & Offshore Engineering (HSOE) has founded the Nuclear Energy Maritime Organization (NEMO) with leading global nuclear energy organizations.
  • NEMO, as the organization will be called, will work together with the IMO and the International Atomic Energy Agency.

HD Hyundai Shipbuilding & Offshore Engineering (HSOE) and industry partners have created the Nuclear Energy Maritime Organization (NEMO) which will work with the International Maritime Organization (IMO) and the International Atomic Energy Agency (IAEA) to establish global standards and regulations for the deployment, operation and decommissioning of nuclear power in the maritime environment and promote the commercialisation of nuclear power at sea, reports Business Korea.

Promoting commercialisation of nuclear power at sea

With a secretariat based in London, NEMO’s members include 11 nuclear companies from seven countries

We are very excited about the launch of NEMO as it can serve as a cornerstone to advance the era of offshore nuclear power,’ said Mamdouh el-Shanawany, former head of IAEA’s Safety Division, who will serve as NEMO’s inaugural chair. ‘We will expand the participation of global organisations that share vision and values with us.’

Establishing global standards holds the key to the commercialisation of next-generation SMRs well suited to the maritime environment,’ added Park Sang-min, head of the Green Energy Research Lab at HD KSOE, who will serve as a steering committee member of the NEMO. ‘Through the establishment of the NEMO, we will lead the world in shipbuilding and nuclear power.’

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Source: Business Korea