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Source: Nucnet
Date: Friday, 14 July 2023
Original article: nucnet.org/news/denmark-s-seaborg-cites-haleu-risks-for-switch-to-leu-fuel-7-4-2023

A public-private partnership comprised of 42 state-run and private entities has been created to advance Korea's small modular reactor (SMR) sector. The alliance aims to establish plans to revitalise the country's SMR industry within the next year.

Source: World Nuclear News
Date: Thursday, 06 July 2023
Original article: world-nuclear-news.org/Articles/South-Korea-forms-SMR-Alliance

South Korea’s Kepco Nuclear Fuel (KNF) and GS Engineering & Construction (GS E&C) are to collaborate with Denmark’s Seaborg Technologies to investigate the feasibility of developing a low enriched uranium (LEU) fuel salt production facility in South Korea. The companies see fluoride fuel salt supply as important for generation 4 advanced reactors.

Source: NEI Magazine
Date: Saturday, 24 June 2023
Original article: neimagazine.com/news/newssouth-korea-and-denmark-to-collaborate-on-leu-fuel-salt-production-10961645

Two South Korean national financial institutions - Korea Trade Insurance Corporation (K-Sure) and the Export-Import Bank of Korea (KEXIM) - have each entered into agreements with Holtec International and Hyundai Engineering & Construction to provide financial support for SMR-160 projects around the world.

Source: World Nuclear News
Date: Thursday, 04 May 2023
Original article: world-nuclear-news.org/Articles/Team-Holtec-signs-agreements-with-Korean-financial

International partnerships critical, says TerraPower president

Source: Nucnet
Date: Friday, 28 April 2023
Original article: nucnet.org/news/three-agreements-signed-towards-global-reactor-deployment-4-4-2023

Agreements to cooperate on small modular reactors (SMRs) have been signed between South Korean and US companies during a visit by Korean President Yoon Suk-yeol to the USA. Doosan Enerbility and the Export-Import Bank of Korea (KEXIM) signed a memorandum of understanding (MoU) to cooperate with NuScale Power, while SK and Korea Hydro & Nuclear Power (KHNP) have agreed to collaborate with TerraPower.

Source: World Nuclear News
Date: Thursday, 27 April 2023
Original article: world-nuclear-news.org/Articles/Expansion-of-US-Korean-cooperation-on-SMRs

Even oil-rich companies of Middle East are eying reactors, as more nations announce plans for SMRs Russian troops occupied the Zaporizhzhia nuclear station, which was damaged by shelling. File photo courtesy IAEA. 2022 was a year of mega milestones for nuclear energy.

Countries around the world turned to nuclear as a reliable low-carbon energy source as they looked for ways to wean themselves off Russian imports and lower carbon emissions.

New plants began operating, deals for small modular reactors were signed and countries announced ambitious plans for new-build.

On the political front, US president Joe Biden signed into law new legislation that will help to finance struggling nuclear reactors and could save dozens from being shut down early. In Europe, the nuclear industry celebrated when members of the European parliament decided to “follow the science” and support legislation which includes nuclear in the bloc’s sustainable finance taxonomy for green investment.

Source: Nucnet
Date: Tuesday, 10 January 2023
Original article: nucnet.org/news/five-major-developments-that-are-setting-the-stage-for-2023-and-beyond-1-1-2023