Norsk Kjernekraft is the leading nuclear energy developer in Norway, pursuing SMR deployments in partnership with KHNP for i-SMR reactors in the municipalities of Aure and Heim. The company also signed an MOU with Ocean-Power to develop floating nuclear power plant concepts for Norwegian coastal and maritime energy. Norway has no nuclear power plants but generates nearly all electricity from hydro — facing capacity constraints as data centre demand and industrial electrification accelerate.
Norwegian private investors, Korean Export Credit Bank (study support)