Korea Hydro & Nuclear Power (KHNP), Samsung Heavy Industries (SHI) and Seaborg Technologies have announced a consortium to develop floating nuclear power plants with Seaborg Technologies' innovative molten salt reactor technology. The power plants will be installed on barges with a modular design able to deliver from 200MWe to 800MWe, with the consortium's first project expected to be a 200MWe power barge. The consortium aims to enable timely commercialization and a scalable export of factory