Development of floating nuclear SMR in China in the works

Lloyd's Register Energy to develop floating nuclear SMR in China NPIC

Lloyd’s Register Energy signed a cooperation framework agreement with the Nuclear Power Institute of China (NPIC) to design and develop a floating vessel containing a small modular reactor (SMR) in China.

The first contract under the agreement is to develop new nuclear safety regulations, guidelines, and nuclear code and standards for the floating vessel that are consistent with the Offshore and International Marine Regulations and the IAEA Nuclear Safety Standards. The vessel will be used in Chinese waters to supply electricity to offshore installations.

“This marks the beginning of a ground-breaking initiative for the Chinese nuclear industry, taking nuclear power generation offshore,” said Melvin Zhang, Lloyd’s Register Energy’s Vice President of Strategic Development for Greater China. “It is also excellent news for the people of China and those working offshore in Chinese waters with the need for consistent and safe power supply. This project is expected to set the pace for how nuclear power can be used and applied to support sustainable power generation in both energy and marine sectors.”

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