Project description
Innovative and sustainable nuclear solution for decarbonisation
Sustainable energy sources are crucial in the fight against climate change. To accelerate the global decarbonisation process, it is essential to use a variety of sustainable energy sources. Nuclear technology can complement these efforts. Funded by the European Innovation Council, the SEAWEI project will develop an innovative type of nuclear reactor, the ‘Compact Molten Salt Reactor’ (CMSR). Our ambition is to use the CMSR to complement other sustainable energy sources (like renewables) in order to accelerate the global decarbonisation process and provide an attractive base load alternative to fossil fuels. Unlike existing nuclear power plants, the CMSR is much safer by design: it is physically impossible for it to melt down or explode. Moreover, the CMSR reduces radioactive waste, as it aims to recycle spent fuel waste to restrict its footprint and storage, and does not emit greenhouse gases.
Objective
"Seaborg proposes a novel type of nuclear reactor called the ""Compact Molten Salt Reactor (CMSR)"". Our ambition is to use the CSMR to complement, and not substitute, other sustainable energy sources (like renewables) to accelerate the global decarbonization process.
The CMSR works according to different principles than the existing nuclear power plants: it is safe by design (by the physics of nature, cannot melt down or explode) and reduces radioactive waste (the goal is to recycle spent fuel waste to reduce footprint and storage). The CMSR emits no greenhouse gases while operating and has the lowest resource use (concrete, glass, steel, fuel) of all other energy sources, including renewables. The CMSR outcompetes fossil fuels on free market terms: the Levelized Cost Of Electricity is about 50% the one of coal and 70% the one of gas.
Seaborg is the largest nuclear reactor start-up outside of North America, and it has patented technologies, prestigious partners, and pilot customers."
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology environmental engineering energy and fuels fossil energy coal
- natural sciences physical sciences nuclear physics
- engineering and technology materials engineering amorphous solids
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.3.1 - The European Innovation Council (EIC)
MAIN PROGRAMME
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-EIC-2022-ACCELERATOR-01
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
2200 Kobenhavn
Denmark
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.