COVID-19 has shown us what our planet can look like without air pollution from transport and industry. Clear blue skies in the most polluted cities, and clean water running in the dirtiest rivers have given us hope.

That part of it has been really quite nice.

However, we cannot create an environmental paradise on an economic graveyard, so the solution to our decarbonisation challenge cannot be to stop our economies to curb pollution. We must instead introduce a radical new energy source which is safe, sustainable and economically competitive.

It can not all come from ‘renewables’ or synthetic fuels, as there simply is not enough power there to be harnessed, and the end-of-life waste could be horrendous.

Should the shipping industry move fully to zero carbon fuels (which as a whole it can’t), we would need about 800 million tons of green ammonia (Green NH3) and we would need 580 GW of constant electric power 24×7 to produce it.

That’s 580 thousand Megawatts 24 hours per day, 365 days per year which is 5,000 Terrawatt hours per year. (… China produces about 7,000 TWh per year)

Atomic power can do the job 24×7 regardless of the weather, so we need atomic; but not old atomic, we need new atomic.

Atomic that’s walk-away safe, durable, cheap and virtually waste free, producing electric power for green hydrogen and derived fuels.

The marine Molten Salt Reactor (m-MSR) is the technology that combines the best of all worlds.

Powerful, reliable, safe and potentially cheaper than gas and renewables. It the new energy solution driven by climate change.

It’s an ‘atomic battery pack‘, and we’re getting it built.

Using m-MSRs we could generate the electric power dedicated to zero carbon fuels for shipping on floating production vessels or on minimal land. We can also power large ships directly with m-MSRs on-board for clean, emission-free electric power.

To take the crucial next steps towards prototyping and mass manufacture, CORE-POWER is launching a Series B round of funding in June 2020.

We are following up directly after the successful and oversubscribed Series A, and look to move quickly to deepen our partnerships and put in place our ability to ramp up to produce these fantastic futuristic machines. Machines that we believe will genuinely transform the world as we know it .

If you’d like to learn more about our Series B and receive information about the opportunity to be part of it, please get in touch.

It’s an exciting time.

Oh, and please take a look around our website:

• We’ve set out our strategy here: https://corepower.sg/our-business-strategy

• The m-MSR information pack can be had here: https://corepower.sg/contacts

• We’ve outlined the safety of the m-MSR here: https://corepower.sg/inherent-safety

• ..and we’re publishing Total Life Cycle economic research on different vessel types, starting with the VLCC here: https://corepower.sg/customer-section (You need to apply for a password)