Nuclear power could play a significant role in the future of maritime transportation and port operations, but challenges remain including the need for updated regulations and proof of economic viability, according to a report.

The report, published by the France-based New Energies group, said that with concerted effort, “we could see commercial deployment of nuclear-powered vessels by 2040-2045, with earlier projects for port-based SMRs [small modular reactors] and near-shore floating nuclear plants”.

It said nuclear power could offer the maritime industry an emissions-free and reliable energy alternative that aligns with stringent emission regulations and global decarbonisation goals.