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HD Hyundai Marine Small Modular Reactors Development

Sector: Nuclear • Location: Ulsan, South Korea

Source: Interesting Engineering

Project
Planned

HD Hyundai aims to develop marine small modular reactors (SMRs) by 2030, investing 300 billion won ($215.4 million) in next-generation ship propulsion systems including SMRs and hydrogen fuel cells. The company is also working on fast molten chloride reactors for ships and exploring floating nuclear barge platforms and hydrogen production topside platforms, both having received approval in princip

Status
Prospective
Sector
Nuclear, Hydrogen, Seaport
Location
Ulsan, South Korea
Updated
22 Jul 2026
Source
Interesting Engineering

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The project “HD Hyundai Marine Small Modular Reactors Development” is an infrastructure initiative in the Nuclear sector, located in Ulsan, South Korea. Taiyo aggregates data on it from Interesting Engineering.

Participants

Company

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

HD Hyundai aims to develop marine small modular reactors (SMRs) by 2030, investing 300 billion won ($215.4 million) in next-generation ship propulsion systems including SMRs and hydrogen fuel cells. The company is also working on fast molten chloride reactors for ships and exploring floating nuclear barge platforms and hydrogen production topside platforms, both having received approval in principle from the American Bureau of Shipping (ABS).

Original sector

Energy

Budget

Location

Country

South Korea

City

Ulsan

Source

Source

Interesting Engineering

URL

More Details

Record type

Project

Sector

Nuclear, Hydrogen, Seaport

Article published date

2025-09-16

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