NEMO will work with the International
Maritime Organization (IMO) and the International Atomic Energy Agency (IAEA)
to establish global standards and regulations for the deployment, operation and
decommissioning of nuclear power in the maritime environment and promote the
commercialisation of nuclear power at sea.
Founding
members include Asian shipbuilding giant HD Korea Shipbuilding & Offshore
Engineering, TerraPower, a leading US small modular reactor (SMR) company
founded by Bill Gates, Westinghouse EC, class society Lloyd’s Register, and
Denmark’s Seaborg, an innovator in molten salt reactors.
“We are very excited about the launch
of NEMO as it can serve as a cornerstone to advance the era of offshore nuclear
power,” said
Mamdouh el-Shanawany, former head of IAEA’s safety division, who will serve as
NEMO’s inaugural chair. “We will expand the participation of global
organisations that share vision and values with us.”
“Establishing
global standards holds the key to the commercialisation of next-generation SMRs
well suited to the maritime environment,” said Park Sang-min, head of the green
energy research lab at HD KSOE, a yard
that invested $30m in TerraPower in November 2022