Alternative Fuels

ABS-led consortium eyes nuclear power project in the Mediterranean

July 4, 2025

Classification society American Bureau of Shipping has formed a consortium with two nuclear energy companies to develop floating nuclear power plants (FNPPs) in the Mediterranean Sea.

IMAGE: Top view of Albania's Port of Durres, in the Mediterranean Sea. Getty Images


The project will focus on evaluating the potential of FNPPs to meet the energy needs of islands, ports and coastal communities around the Mediterranean Sea.

The consortium also includes UK-based maritime nuclear tech firm Core Power, and Greek nuclear energy company Athlos Energy, American Bureau of Shipping (ABS) said.

The project aims to research how FNPPs can “potentially unlock a range of applications,” like providing grid-scale electricity to remote areas and delivering near or zero-emissions energy to ports.

This consortium will develop original FNPP concepts of operations and publish a visual display of the prospective locations, ABS said. It will conduct a study to analyse political, economic, social, technological, legal and environmental impacts of this project and assess the feasibility of using these concepts to supply power and other benefits in the Aegean Sea.

“The main deliverable of this collaboration will be an open-access white paper for use by industry, policy makers and government,” the classification society said.

In January, Core Power revealed plans to build barge-based FNPPs near US ports to supply electricity for onshore power and port operations. It plans to use small modular nuclear reactors, which can generate up to 300 megawatts per unit.

By Aparupa Mazumder

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