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Nuclear energy has a proven track<br />

record of producing the clean and<br />

reliable energy communities need,<br />

while being an accommodating<br />

neighbor. As the most land-efficient<br />

source of energy, nuclear power<br />

plants require just 1.3 square miles<br />

per 1,000 megawatts of energy.<br />

With the next generation of<br />

technologies coming online,<br />

nuclear’s land usage may shrink even<br />

more. Many advanced reactor<br />

designs are poised to be simpler,<br />

smaller, and modular while creating<br />

good-paying jobs, enhancing our<br />

energy security, and helping us meet<br />

our climate goals. But did you know<br />

that some designs go one step<br />

further, providing resilient<br />

electricity...while being on a body of<br />

water?<br />

It may sound like science fiction,<br />

but it’s a fact that investors<br />

are expressing interest in floating<br />

nuclear power plants (FNPPs), and<br />

that nuclear-powered innovations<br />

have the potential to go seaborne. As<br />

a cutting-edge nuclear technology,<br />

FNPPs can address several global<br />

energy challenges with flexible<br />

power, innovation, and the ability to<br />

decarbonize heavy industries faster<br />

than you can say, “All aboard!”<br />

Spurring Versatile Power<br />

FNPPs allow for a wide range of<br />

versatile power applications.<br />

Developers construct them on ships<br />

or barges as self-contained, mobile<br />

power stations, ensuring they can<br />

deploy them to virtually any coastal<br />

region or waterway.<br />

This flexibility opens new<br />

possibilities for generating clean<br />

energy in areas that were previously<br />

inaccessible for traditional nuclear<br />

facilities. FNPPs can be an ideal<br />

solution to meet the specific energy<br />

demands of these regions, such as<br />

island nations that need energy for a<br />

wide variety of applications including<br />

water desalination, district heating/<br />

cooling, and electricity.<br />

Additionally, developers can build<br />

FNPPs with ready-made<br />

infrastructure like shipyards. By<br />

utilizing modular construction<br />

techniques to construct smaller,<br />

simpler reactors, developers reduce<br />

costs while paving the way for the<br />

quick deployment of nuclear power<br />

at sea.<br />

Decarbonizing Heavy Industries<br />

Addressing climate change will<br />

require significantly reducing our<br />

greenhouse gas emissions, especially<br />

from heavy industries that have<br />

historically relied on fossil fuels.<br />

FNPPs can be deployed near<br />

coastal industrial complexes,<br />

minimizing transmission losses and<br />

providing a stable power supply to<br />

energy-intensive operations. This<br />

localized power generation helps<br />

reduce the strain on existing power<br />

grids and assures a consistent energy<br />

supply to critical industries.<br />

Companies are also planning on<br />

deploying nuclear reactors on civilian<br />

maritime vessels for power and<br />

propulsion. Ocean transportation<br />

carries more than 80 percent of the<br />

world’s exported goods via large<br />

diesel engines. If these vessels were a<br />

country, they would be sixth globally<br />

on greenhouse gas emissions—just<br />

above Germany. Next-generation<br />

nuclear is the only zero-emission<br />

energy source available to power<br />

these vessels that make up the<br />

backbone of global shipping.<br />

Fostering Innovation<br />

This isn’t nuclear’s first time at<br />

sea—in fact, our nation has a rich<br />

history of using nuclear energy to<br />

Continues on page 36.<br />

Back to Content | <strong>Inside</strong> <strong>NIRMA</strong> <strong>NIRMA</strong>.org <strong>Fall</strong> 2023 35

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