Westinghouse, Core Power join forces for floating nuclear power plant

Tuesday, 26 November 2024

Westinghouse, Core Power join forces for floating nuclear power plant
(Image: Core Power/Westinghouse)

Floating nuclear power plants are a game-changing approach to deploying nuclear energy to islands, ports, coastal communities and industry, the companies said. Such plants can be centrally manufactured and easily transported to operation sites, combining advanced nuclear technology with shipyard efficiency. And the transportable eVinci microreactor – which requires minimal maintenance and can operate for eight years at full power before refuelling – is “perfectly suited” to such a use.

Under their newly announced cooperative agreement, Westinghouse and Core Power will advance the design of a floating nuclear power plant using the eVinci microreactor and its heat pipe technology. They will also collaborate to develop a regulatory approach to licensing floating nuclear power plant systems.

Core Power CEO Mikal Bøe said the company’s partnership with Westinghouse would be a “game changer” for nuclear energy customers. “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,” he said.

Jon Ball, President of eVinci Technologies at Westinghouse, said the “groundbreaking” agreement would demonstrate the viability of the eVinci technology for innovative use cases in remote locations or in areas with land limitations. “We look forward to our partnership with Core Power, bringing the unique advantages of eVinci microreactors to maritime and coastal applications, potentially even paving the way for future disaster relief efforts,” he said.

Westinghouse says the factory-built eVinci reactor – which has very few moving parts – works essentially as a battery, providing the versatility for power systems ranging from several kilowatts to 5 megawatts of electricity. It can also produce high temperature heat suitable for industrial applications, including alternative fuel production such as hydrogen, and has the flexibility to balance renewable output. In September, the company became the first of three microreactor developers supported by the US Department of Energy’s National Reactor Innovation Center to submit a Preliminary Safety Design Report, a milestone towards testing at Idaho National Laboratory.

Privately-owned technology and market development company Core Power funds and builds scalable new nuclear technology solutions for ocean transport and heavy industry. It is working to build a maritime civil nuclear programme in the OECD through scalable new nuclear technology solutions for maritime and heavy industries.

   

  • Related Posts

    NWMO reveals design for Centre of Expertise

    NWMO said the centre represents a CAD50 million (USD35.6 million) investment in the community. It will incorporate a range of features identified through local community input, including flexible multipurpose and…

    Bechtel assumes responsibility for Polish plant site

    Bechtel will be responsible for both the execution and supervision of the work carried out during the preparation of the future construction site, as well as cooperation with the investment…

    Have You Seen?

    Andy O’Brien, The Insider Poised to Lead ConocoPhillips

    • August 7, 2026
    Andy O’Brien, The Insider Poised to Lead ConocoPhillips

    Japex to Buy US Tight Oil and Gas Assets for $320 Million

    • August 7, 2026
    Japex to Buy US Tight Oil and Gas Assets for $320 Million

    AMERICAN ENERGY SNAPSHOT: How America Became the World’s Energy Stabilizer

    • August 7, 2026
    AMERICAN ENERGY SNAPSHOT: How America Became the World’s Energy Stabilizer

    RWE, Trump Administration Reach $1.22 Billion Agreement to Cancel Offshore Wind Leases

    • August 7, 2026
    RWE, Trump Administration Reach $1.22 Billion Agreement to Cancel Offshore Wind Leases

    US is Set to Import Most Middle East Crude Since Iran War Began

    • August 7, 2026
    US is Set to Import Most Middle East Crude Since Iran War Began

    Constellation Energy to Sell Gas Plant to LS Power, Raises Profit Forecast

    • August 7, 2026
    Constellation Energy to Sell Gas Plant to LS Power, Raises Profit Forecast

    ConocoPhillips Says Lance Retiring After 14 Years as CEO

    • August 7, 2026
    ConocoPhillips Says Lance Retiring After 14 Years as CEO

    Big Oil Is Bracing for Lower Prices — and Rightly So

    • August 7, 2026
    Big Oil Is Bracing for Lower Prices — and Rightly So

    How the UAE Has Kept Its Oil Flowing Through Hormuz

    • August 6, 2026
    How the UAE Has Kept Its Oil Flowing Through Hormuz

    Europe’s Gas Storage Hits Lowest Level Since 2011 as Winter Looms

    • August 6, 2026
    Europe’s Gas Storage Hits Lowest Level Since 2011 as Winter Looms