Public Policy & Engagement

The American Bureau of Shipping has joined a joint development project with the HD Hyundai divisions of Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Samho Heavy Industries (HD HSHI) to advance the conceptual design and assess the technical feasibility of a nuclear-powered electric propulsion system for large container ships.

The project, “Conceptual Design of a Nuclear-Powered Electric Propulsion System,” will focus on developing the basic design, electrical component specifications, and arrangement plans of a nuclear propulsion system for a 16,000-TEU ship (that is, a massive vessel designed to carry 16,000 20-foot-equivalent units). It would be the first nuclear-powered commercial container vessel.

Even a last-minute cancelation from Department of Energy Secretary Chris Wright could not derail the optimism permeating day 1 of the Nuclear Regulatory Commission’s annual Regulatory Information Conference (RIC).

The optimistic theme came up several times during the morning plenary sessions that highlighted Tuesday’s agenda. The NRC commissioners who spoke said the optimism was a result of the “nuclear renaissance” they are encountering that feels different from past nuclear-related revivals that didn’t materialize.

The Kentucky Nuclear Energy Development Authority (KNEDA) recently distributed its first awards through the new Nuclear Energy Development Grant Program, which was established last year. In total, KNEDA disbursed $10 million to a variety of companies that will use the funding to support siting studies, enrichment supply-chain planning, workforce training, and curriculum development.