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Indonesian Nuclear

Society

01.12.2022
Nikolaj Ager Hamann, Head of Business Development
CONFIDENTIAL | Do not distribute
Seaborg in a Nutshell

Founded in 2014 HQ in Copenhagen, Denmark


Business offices in South Korea & Singapore
Privately held and privately funded
Partnerships with shipyards, nuclear
120+ employees players and heavy industry

25 nationalities
Scalable next-generation nuclear on power barges

Developing • Small modular nuclear reactor


• Mass produced
The Compact • Deployed on barges
Molten Salt • 200-800 MWe Power Barges

Reactor • +88% Capacity Factor


• Inherent safety characteristics due
to the properties of the salt
Molten salt reactor technology is nothing new

Glenn Seaborg in the MSRE control room


Nobel prize winner and peaceful nuclear
proponent. Vital to early nuclear development,
including the MSR. He terminated the MSR
program due to issues with graphite.

1st MSR 2nd MSR 3rd MSR


Operated for a few weeks in 1954 Operated for a year and a half Operated 1970-1971, China (first
at Oak Ridge National Lab, USA. during 1965-1969 at Oak Ridge ever Chinese nuclear reactor).
National Lab, USA.

But it was never commercialised…


A new solution to an old problem

MSRs were never commercialized.

Graphite was used Encountered graphite


as a moderator. cracking under irradiation.

Seaborg’s proprietary moderator avoids the use of graphite


and gives us a unique compactness in the design.
The Seaborg Solution
Liquid moderator

Fuel tubes Chemistry control unit


Fuel salt
Moderator

1st patent granted

NaOH
(sodium hydroxide)

Applied in:
The Compact Molten Salt Reactor
Pump Super-heated steam
Non-radioactive salt

Salt inlet

Fuel salt

Moderator
Electricity
generation

Primary Steam
heat exchanger generator

Drain tank Salt outlet


Inside the Power Barge
24 years operational life time

Two empty CMSR compartments Two CMSRs for the


for the second 12-year fuel cycle first 12-year fuel cycle
Accommodation
Control centre
Power module
200 MWe HV substation

Shielding
Water
Steel
Water

Reactor core
Delivering Energy
Centralised construction, worldwide distribution

South Korea
Built and commissioned at Samsung shipyard

Power Barge
Standardized modular production

CMSR
2/4/6/8 CMSRs x 100 MWe each

The world
Flexible deployment worldwide

Tow to site of fully tested and


commissioned Power Barge

24 24 year operational life cycle


Regulatory Approach

We cannot succeed in starting


serial production if we pursue
the thinking and approach used
in conventional nuclear.

But there is an alternative:

Maritime & offshore


Maritime licensing approach

UN authorities Global licensing partners

IMO IAEA Competent


The International The International Atomic
Maritime Organization Energy Agency regulators
Safeguards
inspections
Rules & Guidelines
regulations
Local authorities

ABS Nuclear Port state


Independent verification
regulations control

Adapt UN guidelines
to local regulation

Flag state
Responsible for Approval
assuring the safety
of the Power Barge
ABS – Classification Society

The American Bureau of Shipping (ABS) is a


member of the International Association of
Classification Societies (IACS).

• Founded in 1862 with HQ in Texas. Operates 200 offices


with 5,500 employees.

• Rules established by IACS also adopt and include the


rules from the International Maritime Organization
on behalf of the flag states.

• Assessments for the United States Department of


Homeland Security and US Coast Guard.

• American Bureau of Shipping (ABS) Group has


performed advanced compliance assessments
for several nuclear facilities.
Regulatory Approval in Progress
Innovating nuclear approval

July 2020
Feasibility Approval from
the American Bureau of Shipping

Timeline going forward


2024 Commence prototype production
2026 First reactor testing
2028 Obtain type approval
Seaborg commercialization approach

Seaborg and consortium partners’ role


• Active lead in development of power projects
• Partnering with local parties on projects
• Site selection and evaluation
• Project licensing, application and permitting
• Project EPC
• Project financing
• Developing projects across multiple countries to
create scale economies for all parties early

Key enablers
• Licensing framework for advanced floating nuclear
power plants
• Framework for unsolicited nuclear power projects
• PPA framework for nuclear power
Rethinking nuclear

Thank you
www.seaborg.com
Nikolaj.hamann@seaborg.com

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