HD Hyundai has concluded meetings with the leadership of TerraPower, including its chairman and founder Bill Gates, to review progress on the commercialisation of Natrium reactors.
Natrium reactors are sodium-cooled fast reactors designed by TerraPower and GE Hitachi that combine nuclear fission with a molten salt energy storage system.
The shipbuilder noted that it is working with TerraPower on molten salt reactor technologies for potential application in nuclear-powered vessels.
The companies signed a memorandum of understanding in March to expand the global manufacturing supply chain for Natrium technology.
HD Hyundai has agreed a contract to supply reactor vessels, a key component of TerraPower’s Natrium system, developed in partnership with GE Hitachi. The Generation IV small modular reactor design incorporates sodium cooling and integrated energy storage, producing around 40% less waste than conventional reactors.
