Nuclear Propulsion and SMRs: A Realistic Technological Outlook with Institutional Caution. (Third Section)
Nuclear propulsion and Small Modular Reactors (SMRs) are re-entering international discourse as a potential low- or zero-emission solution for shipping. While the technology shows signs of maturity in specific areas, its overall application is still far from widespread commercial adoption.
The primary obstacle is not solely technical. It is institutional, insurance-related, operational, and social. Acceptance by ports, flag states, classification societies, insurers, and the general public remains limited. Nevertheless, the prospect exists. However, for it to become a viable solution, clear regulations, international coordination, and a realistic timeline are required.
The Third Section of the summit will address critical questions:
- How prepared is the international regulatory framework for integrating nuclear propulsion into shipping?
- Who assumes responsibility and insurance coverage in the event of an accident or leak?
- Are port infrastructures capable of accommodating vessels with SMRs?
- How can social and political resistance in key maritime hubs be addressed?
- What is the true lifecycle cost compared to other zero-emission fuels?
- Is there a realistic path for pilot applications within the next decade?