Five year-old UK startup Core Power has raised $100 million from maritime industry sources to develop floating nuclear power plants. Most of the money has come from 13 Japanese companies including Onomichi Dockyard and Imabari Shipbuilding. Core Power is collaborating in a $600 million development programme with TerraPower of the US, backed by Bill Gates, Southern Company of the U.S and Orano of France. Floating nuclear power plants are smaller, more efficient, safer and less expensive than on-shore plants and … read more »
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