LR in China agreement to develop floating nuclear power plant

The framework agreement, sealed in Chengdu on Monday, is the first for China, which is looking to apply nuclear power generation safely and as a long term sustainable power source.

NPIC stated: “We believe there is substantial opportunity to further efforts in developing safe, clean and sustainable power generation for the future, and our latest initiative to develop energy supplies to offshore installations through nuclear power is just one example of how we are seeking to innovate and apply new ways of using nuclear technology for robust power supply.”

Mark Bassett, nuclear director at Lloyd’s Register Energy, part of Lloyd’s Register, said NIPC has asked for its help based on its experience in nuclear, offshore and marine safety and regulation.

The first contract under this framework agreement is to develop new nuclear safety regulations, safety guidelines, and nuclear code and standards for the floating vessel, that are consistent with Offshore and International Marine Regulations and the IAEA Nuclear Safety Standards.

The floating vessel, which will contain a small modular reactor, is expected to be used in Chinese waters to supply electrical power to offshore installations.