New Nuclear for maritime

The shipping industry consumes some 350 million tonnes of fossil fuel annually and accounts for about 3% of total worldwide carbon emissions. The industry has been mandated by the United Nations to reach net zero by 2050. Nuclear will be needed to help decarbonise the shipping industry whether by having nuclear-powered ships or using nuclear to produce alternative fuels. Floating Nuclear Power Plants (NPP) are seen as having future growth potential because they provide flexible location options, being placed at sea from where they can provide electricity or hydrogen or water desalination for onshore use. To make the new maritime NPP a reality there is a need for new and clear regulations.