Newcleo, the British-Italian scaleup engaged in the construction of modular and innovative fourth-generation small nuclear fission reactors and in the production of MOX fuel, announces that it has signed an agreement with NextChem and Tecnimont, subsidiaries of MAIRE, to use its reactors to decarbonize the chemical industry, including hydrogen production.
The agreement, which is the basis of a new model of “e-factory for carbon-neutral chemistry” launched by NextChem Tech, provides for the development, exclusively, of a conceptual study on the sustainable production of zero-emission hydrogen and chemicals, combining Newcleo’s innovative nuclear technology and MAIRE’s chemical technologies and expertise.
Zero-impact chemistry
This agreement will enable the production of electrolytic hydrogen and sustainable chemicals, including zero-emission ammonia, methanol, e-fuels and derivatives, in line with the European Union’s decision to include innovative nuclear technologies, such as Newcleo’s, in the EU taxonomy of environmentally sustainable economic activities. In addition, Tecnimont will provide consulting services for Newcleo’s innovative power plant, based on Newcleo’s SMR LFR200 technology, applying Tecnimont’s modularization approach to optimize construction and planning methodology, reducing production and construction time and costs. This will boost Newcleo’s vision of creating a fully modular, affordable and easy-to-install plant.
Stefano Buono, president and CEO of Newcleo
, commented in a note: “Small or Advanced Modular Reactors (SMRs/AMRs) have the potential not only to produce electricity, but also to have industrial applications. However, a key prerequisite for providing safe, carbon-free energy for industrial uses is the elimination of nuclear accidents. The new reactorcleo is “safe by design”, thanks to the laws of physics, and this allows our Lead Fast Reactors (LFRs) to remain in a safe state even in the unlikely event of serious accidents or sabotage scenarios. Due to the favorable physical properties of lead, this level of safety is achievable with a reduction in costs compared to Generation III SMRs, paving the way for a competitive “e-factory for zero-carbon chemistry” as envisaged by MAIRE. We are excited to start this collaboration with MAIRE and look forward to advancing our visions for sustainable, carbon-neutral hydrogen and chemical production.” (Photo by Waldemar on Unsplash)
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