Saipem considers nuclear energy for power offshore

Sept. 6, 2024
Saipem and newcleo have agreed to jointly identify offshore applications for newcleo’s nuclear energy production technology.

Saipem and newcleo have agreed to jointly identify offshore applications for newcleo’s nuclear energy production technology.

Their collaboration will involve examining use of the Small Modular Lead-cooled Fast Reactor (SM-LFR) technology to provide zero-emission electricity and process heat to oil and gas offshore installations.

They may also look to extend the use of the technology to produce zero-emission electricity through floating nuclear units. These would be connected to the local electricity grid onshore land or to other users.

According to Saipem, newcleo’s solution employs one of the more promising technologies for small nuclear fission reactors. It makes use of passive security systems (exploiting natural forces or phenomena without requiring active mechanisms), enabling more efficient use of the extracted uranium (reuse of spent nuclear fuel) than other types of conventional fission reactors. This is thanks to the reuse of spent nuclear fuel used by other reactors, in line with the principles of the circular economy.

Saipem plans to assess application of the new generation of small modular reactors for offshore plants to generate power and heat with low emissions on par with those from renewable energies.