Home > Terms > English (EN) > floating nuclear power plants

floating nuclear power plants

An offshore nuclear power plant is a vessel designed as a nuclear power station that floats on water away from land for improved safety and reduced development costs. The floating plants are usually mass-built at shipbuilding facilities and then towed to destination points in coastal waters near a city, a town or an industrial enterprise. The floating concept is not entirely new and similar designs were developed in the 1960s. Modern floating nuclear power plants added more safety enhancements by locating the plants far offshore and with reactor cores fully submerged.

Floating nuclear power plants are increasingly becoming viable as the cost of land-based nuclear stations skyrocket due to increased costs of land acquisition and insurance. Land-based nuclear power facilities are often built close to bodies of water, which typically support higher real estate prices and larger populations, therefore making insurance costs exorbitantly high. A floating nuclear power plant towed offshore and surrounded by inexpensive real estate in the open ocean would not face the same problems. Additionally, in the event of an accident the nuclear core could easily be flooded with an endless supply of cold seawater. Decommissioning would also be much easier since reactors could be towed to a centralized remote location -- restoring the natural environment to normal nearly instantly.

In addition to increased safety, there's substantially more ocean available for nuclear power development than land. That's potentially good news for the planet, which needs an expedited build-out of its atomic energy capacity to make the nearly immediate changes required to stem climate change and reduce carbon dioxide emissions. It's been projected that the world offshore nuclear will be the norm for energy generation by 2050.

  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Energy
  • Category: Nuclear energy
  • Company:
  • Product:
  • Acronym-Abbreviation:
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Billy Morgan

Sports; Snowboarding

The British snowboarder Billy Morgan has landed the sport’s first ever 1800 quadruple cork. The rider, who represented Great Britain in the 2014 Winter Olympics in Sochi, was in Livigno, Italy, when he achieved the man-oeuvre. It involves flipping four times, while body also spins with five complete rotations on a sideways or downward-facing axis. The trick ...

Marzieh Afkham

Broadcasting & receiving; News

Marzieh Afkham, who is the country’s first foreign ministry spokeswoman, will head a mission in east Asia, the state news agency reported. It is not clear to which country she will be posted as her appointment has yet to be announced officially. Afkham will only be the second female ambassador Iran has had. Under the last shah’s rule, Mehrangiz Dolatshahi, a ...

Weekly Packet

Language; Online services; Slang; Internet

Weekly Packet or "Paquete Semanal" as it is known in Cuba is a term used by Cubans to describe the information that is gathered from the internet outside of Cuba and saved onto hard drives to be transported into Cuba itself. Weekly Packets are then sold to Cuban's without internet access, allowing them to obtain information just days - and sometimes hours - after it ...

Asian Infrastructure Investment Bank (AIIB)

Banking; Investment banking

The Asian Infrastructure Investment Bank (AIIB) is an international financial institution established to address the need in Asia for infrastructure development. According to the Asian Development Bank, Asia needs $800 billion each year for roads, ports, power plants or other infrastructure projects before 2020. Originally proposed by China in 2013, a signing ...


Online services; Internet

Spartan is the codename given to the new Microsoft Windows 10 browser that will replace Microsoft Windows Internet Explorer. The new browser will be built from the ground up and disregard any code from the IE platform. It has a new rendering engine that is built to be compatible with how the web is written today. The name Spartan is named after the ...

Featured Terms

Sudan Garner
  • 0


  • 5


  • 0


Industry/Domain: Food (other) Category: International dishes

Sukuma Wiki

Sukuma wiki is a nutritious dish of kale, often paired with ugali. These greens, prepared with tomatoes, allow for a simple and healthy meal.