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South Korean shipbuilding company Samsung Heavy Industries announced it has signed a memorandum of understanding with USA-based engineering firm Sargent & Lundy for the development of a standardised floating small modular reactor platform.
 

The Industrial Advanced Nuclear Consortium, whose members include ExxonMobil, Shell, Chevron and Rio Tinto, has published a report outlining the potential for nuclear energy as "a practical, low‐carbon alternative that can be co-located with industrial facilities to provide dependable baseload heat and power, with the grid and renewables serving complementary roles".
 

Maritime nuclear energy specialist Core Power has launched a feasibility study into using BWX Technologies' mPower small modular reactors in floating nuclear power plants.
 

The report by the Deon Policy Institute think-tank identified no fundamental barriers to the implementation of floating nuclear power plants in Greece, although policy, regulatory, financial and social acceptance issues still need to be overcome.
 

The RITM-200C reactor will be one of two which will together be installed on the first of Russia's planned fleet of floating nuclear power units.
 

Argentina's Nuclear Regulatory Authority and Brazil's Naval Secretariat for Nuclear Safety and Quality aim to develop regulation relating to the use of nuclear reactors on ships.
 

South Korea's Samsung Heavy Industries has received Approval in Principle from the American Bureau of Shipping for a floating marine nuclear power platform featuring two SMART100 small modular reactors developed by the Korea Atomic Energy Research Institute.
 

As nuclear technologies diversify - such as small modular reactors, floating reactors, new fuels and markets - regulation must evolve to enable innovation, a panel at World Nuclear Symposium agreed.
 

The American Bureau of Shipping, Core Power and Athlos Energy are to collaborate on the evaluation of the potential of deploying floating nuclear power plants to meet the energy demands of islands, ports and coastal communities in the Mediterranean Sea.