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6 news articles found
South Korea's HD Korea Shipbuilding & Offshore Engineering (KSOE) plans to develop a small modular reactor (SMR) for use in shipping in cooperation with the UK's Core Power and the USA's Southern Company and TerraPower.
- Source: World Nuclear News
- Date: Thursday, 08 February 2024
- Original article: world-nuclear-news.org/Articles/Korean-shipbuilder-joins-maritime-SMR-project
A recent statement from Fitch Ratings casts doubt on any new nuclear construction in the US in the immediate future. Similar concerns were voiced during discussions at a full committee hearing of the Senate Committee on Energy & Natural Resources to Examine Opportunities and Challenges Associated with Advanced Nuclear Reactor Commercialisation.
- Source: NEI Magazine
- Date: Wednesday, 06 December 2023
- Original article: neimagazine.com/news/newsgrowing-uncertainty-in-us-regarding-economics-of-new-nuclear-11347683
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
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
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