Saltfoss is working closely with Samsung Heavy Industries and Korea Hydro & Nuclear Power (KHNP) in a consortium to develop and deploy the seaMSR-100 on floating platforms.South Korea has a rare combination of world-class shipbuilding, advanced manufacturing capability, and deep nuclear supply chain and operating experience.Samsung Heavy Industries (SHI), brings world-class shipbuilding experience to the consortium. Some of the world’s largest and most complex floating infrastructure is built at SHI’s shipyards, using proven skills, processes and quality assurance. The power platform is designed to be manufactured centrally at the shipyard as a turnkey solution, rather than built from the ground up at each deployment site.KHNP contributes nearly 50 years experience operating nuclear power plants at scale in South Korea, plus international experience from delivering the Barakah Nuclear Power Plant in the UAE.On fuel, Saltfoss has partnered with KEPCO NF, a leading Korean nuclear fuel manufacturer with more than 40 years of experience. Combined with Saltfoss’s fluoride salt expertise, this strengthens the path toward fuel licensing and production.All three partners are essential to making the floating nuclear power barge a reality combining shipyard manufacturing with nuclear operation and fuel expertise. It is rare to find this much relevant industrial capability concentrated in one country.Saltfoss might be Danish by origin, but we perceive both South Korea and Denmark home. Danish reactor development paired with Korean industrial capability gives us a stronger foundation for building floating nuclear power plants at scale.
ABOUT KOREA HYDRO & NUCLEAR POWER
Korea Hydro & Nuclear Power Co., Ltd. (KHNP) owns and operates Korea's 25 nuclear power plants along with 28 hydro-electric power plants. (Ranked 3rd globally in NPP capacity). KHNP and Korea Electric Power Corporation (KEPCO) have jointly executed the first nuclear power project in Barakah, United Arab Emirates, in 2009. All units have entered commercial operation.
ABOUT SAMSUNG HEAVY INDUSTRIES
Samsung Heavy Industries (SHI) is a leading shipbuilding and offshore construction company headquartered in South Korea. With a history spanning over several decades, the company has established itself as a global leader in the field, delivering high-quality products and services to customers around the world.
ABOUT SALTFOSS ENERGY
Saltfoss Energy is a Danish nuclear energy company that delivers a new, safe nuclear technology based on a molten salt reactor design. The company's mission is to provide clean, safe, and reliable power generation to meet the growing demand for sustainable energy worldwide.
PRESS CONTACT
Klaus Nyengaard, CEO: klaus.nyengaard@seaborg.comRasmus Bjerngaard, CBO: rasmus.bjerngaard@seaborg.com