0
  • Home
  • CXO Insights
  • CIO Viewpoints
  • News
  • Conference
  • Newsletter
  • Subscribe
  • About Us
Utility
US
APAC
EUROPE
  • Solar Energy Tech
  • Transmission & Distribution
  • Waste Water Management
  • Utility Communications
  • Analytics
  • Smart Grid
  • GRC
  • Billing and Customer Information System
  • Battery Technology
×
#

Utilities Tech Outlook Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Utilities Tech Outlook

Subscribe

loading
  • Home
  • News

THANK YOU FOR SUBSCRIBING

Weekly Brief

loading

Ultra Safe Nuclear Corporation Collaborates with Synthos Green Energy

By Utilities Tech Outlook | Monday, November 09, 2020

Tweet

As part of this agreement, Ultra Safe Nuclear and Synthos Green Energy will evaluate the feasibility of the Micro Modular Reactor as well as "MMR Energy System" plant to produce carbon-free hydrogen, heat, as well as power for use in the company's chemical plants in Poland and other EU countries, and for a vast range of commercial use by various regional industrial manufacturing companies.

FREMONT, CA: Synthos Green Energy (SGE) – a part of Synthos S.A. Capital Group, which includes Synthos S.A., a leading chemical manufacturer based in Poland, with operations in the Holland, Czech Republic, and France – is currently obtaining carbon-free energy solutions for its manufacturing facilities in Europe. To help meet this goal, the company has entered into a Cooperation Agreement with US-based Ultra Safe Nuclear Corporation (USNC), which aligns with the Synthos S.A. strategy dedicated to reducing CO2 emissions from fossil fuels.

As part of this agreement, Ultra Safe Nuclear and Synthos Green Energy will evaluate the feasibility of the Micro Modular Reactor as well as "MMR Energy System" plant to produce carbon-free hydrogen, heat, as well as power for use in the company's chemical plants in Poland and other EU countries, and for a vast range of commercial use by various regional industrial manufacturing companies. The agreement is the new step in Synthos Green Energy's strategy to produce zero carbon emissions at its facilities. The Energy System will replace existing plants that utilize natural gas or coal. In developing the Energy System, Ultra Safe Nuclear is collaborating with multiple global industrial heavyweights, including Hyundai Engineering Company, to develop as well as provide high-efficiency heat, power, and hydrogen-generation abilities.

SGE and USNC have already jointly applied to the Polish Ministry of Development for project financing from the IPCEI mechanism for projects within the scope of the value chain of hydrogen technologies and systems. The purpose of the joint project is the development of an economically effective, zero-emission, high-temperature heat, and power source for hydrogen production on an industrial scale. The efficiency of the cogeneration system in this process is anticipated to be about 80-85 percent, which surpasses the efficiency of renewable energy sources in the electrolysis process by several factors.

"We're committed to identifying leading technologies capable of being deployed in the near term that will enable us to lower and eventually eliminate the carbon footprint of our manufacturing facilities and increase competitiveness of our companies," stated Michal Solowow, owner of Synthos S.A. Capital Group. "The Ultra Safe Nuclear approach is uniquely suited to our needs as its MMR is exceptionally elegant and safe, enabling us to implement our decarbonization strategy and ultimately make Synthos more competitive. I also firmly believe that MMR technology can be part of broader solution for the decarbonization of the Polish industry."

ON THE DECK

Top Vendors

Smart Grid 2020

Top Vendors

Previous Next

Read Also

ZOME Chosen for DOE's Advanced Building Technologies Program

ZOME Chosen for DOE's Advanced Building Technologies Program

How Smart Grids Transform the Facets of Asset Management

How Smart Grids Transform the Facets of Asset Management

Major Solar Energy Trends to have an Eye on!

Major Solar Energy Trends to have an Eye on!

CleanSpark Launches mVoult for Home Grids

CleanSpark Launches mVoult for Home Grids

Environmental Lights Launches REVI Remote-Voltage Illumination System

Environmental Lights Launches REVI Remote-Voltage Illumination System

Livent Announces New Set of Sustainability Goals

Livent Announces New Set of Sustainability Goals

Loading...

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Copyright © 2021 Utilities Tech Outlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy.
follow on linkedin
This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

www.utilitiestechoutlook.com/news/ultra-safe-nuclear-corporation-collaborates-with-synthos-green-energy-nwid-738.html