m-MSR Economics.

Not all ships will be able to retrofit m-MSRs for propulsion either due to their age which makes it uneconomical or their smaller size.

Given the decarbonisation targets set for 2050, most of these ships will need to transition to zero-carbon synthetic fuels like hydrogen, ammonia (green NH3) or methanol. The industry is now making strides towards adopting technology that enables the use of these fuels.

The benefits of m-MSR power to support a shift to synthetic fuels (ammonia, methanol etc) include:

  • Cheap, reliable, 24×7, zero-emission power production and industrial heat for mass production of synthetic electrofuels like NH3 etc.
  • Dedicated floating production vessels or barges in fuelling ports, reducing the need for supply chain infrastructure around those new fuels.
  • Extremely efficient green hydrogen production for land based transport application in fuel cells etc.
  • The m-MSR would outperform ‘renewables’ in price (much cheaper) reliability, power output, land usage, length of service, externalities and final decommissioning.
  • Challenges in producing sustainable synthetic zero carbon fuels are plenty. One of the most significant is the substantial externalities of the power source required for production.

If zero-carbon synthetic fuels are produced using natural gas, a very substantial amount of Green House Gases (GHG) are emitted. If produced using ‘renewables, challenges are even greater as actual sustainable production becomes impossible.

There is little sense producing zero-carbon synthetic fuels with solar and wind. Both are entirely intermittent, take up vast amount of natural space, and operate with some of the lowest power densities of all energy sources.

Early prototypes of the m-MSR will be deployed to mitigate this. An array of m-MSRs will produce more than enough 100% clean electric power to run chemical electrolysers extracting green hydrogen (H2) from water, and then further extracting Nitrogen (N) from air. Combining the two on a production line  creates ‘green Ammonia’ which can be shipped as a liquid or a gas to fuelling stations around the world.

We believe the m-MSR presents the most efficient and economical way to mass-produce green ammonia fuels for shipping, predominantly to serve smaller ships, fishing fleets and older vessels.

The marine-Molten Salt Reactor (m-MSR) is set to create the first sustainable zero-emission energy system for ocean transportation and represents an enormous economic opportunity.

The m-MSR is the technology that forms the start of a ‘second atomic era’, where climate change is the main driver of powerful, inexpensive, and safe new energy solutions.