More and more industries are taking note of hydrogen's potential applications. More car companies are seriously considering using hydrogen, but it has not become a widespread concept yet. Shell believes in the power of hydrogen and plans to use energy from small nuclear reactors to produce it.
For that reason, Shell signed an agreement with NuScale Power--a company aiming to construct small nuclear power plants across the U.S. Not only are these smaller reactors more cost-efficient to produce than large ones, but they would also be less harmful in the case of a "nuclear disaster."
"Hydrogen has been identified as a pathway for global decarbonization and NuScale's SMR technology complements this goal through low carbon hydrogen production," said John Hopkins, NuScale Power President and Chief Executive Officer.
Although it will take a few years, small power plants are currently in the works. The first nuclear reactor created by NuScale may not be ready until 2030s. An interesting concept of nuclear energy is that there is zero CO2 emitted during the generation process.
Source: NuScale Power
