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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
The All-Party Parliamentary Group on Nuclear Energy report, Made in Britain: The Pathway to a Nuclear Renaissance, says multiple small modular reactor (SMR) units should be ordered to justify firms' investment in UK production facilities - and calls for Wylfa in North Wales to be backed within the next year as the next large-scale plant.
- Source: World Nuclear News
- Date: Saturday, 18 November 2023
- Original article: world-nuclear-news.org/Articles/UK-should-emulate-France-and-South-Korea-on-new-nu
ČEZ subsidiary Elektrárna Dukovany II (EDU II) has received final bids from the three potential suppliers for a new nuclear unit at Dukovany, as well as non-binding offers for three more future reactors.
- Source: World Nuclear News
- Date: Wednesday, 01 November 2023
- Original article: world-nuclear-news.org/Articles/Westinghouse,-EDF-and-KHNP-submit-final-Czech-bids
UK Energy Security Secretary Grant Shapps, during a visit to South Korea, signed a joint statement with Korea’s Trade, Industry & Energy Minister, Lee Chang-yang, on energy transition, including civil nuclear energy.
- Source: NEI Magazine
- Date: Thursday, 13 April 2023
- Original article: neimagazine.com/news/newsuk-and-south-korea-to-strengthen-nuclear-co-operation-10750417
The UK and South Korea have signed a joint declaration stating their agreement on the need for energy transition from fossil fuels to low-carbon power sources, prospects for South Korea's participation in new UK nuclear power plant projects and the two countries' exchanges and cooperation in offshore wind power, hydrogen and other clean energy areas.
- Source: World Nuclear News
- Date: Wednesday, 12 April 2023
- Original article: world-nuclear-news.org/Articles/South-Korea,-UK-enhance-cooperation-in-nuclear-ene
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
GE Hitachi Nuclear Energy (GEH) has submitted a Generic Design Assessment (GDA) entry application for its BWRX-300 small modular reactor (SMR) to the UK Department for Business, Energy and Industrial Strategy (BEIS). Meanwhile, Holtec International said it intends to soon submit an application for its SMR-160 design.
- Source: World Nuclear News
- Date: Wednesday, 21 December 2022
- Original article: world-nuclear-news.org/Articles/Two-vendors-submit-SMR-designs-for-UK-assessment
In a wide ranging interview for the World Nuclear News podcast, Cameco CEO Tim Gitzel explained: Why the time was right for the Westinghouse deal How Russia's war with Ukraine has led to 'bifurcation' of the nuclear sector Explained Cameco's long-term strategy Looks ahead at the impact of new technologies, including SMRs How nuclear will need to play a key role in getting to net-zero
- Source: World Nuclear News
- Date: Wednesday, 09 November 2022
- Original article: world-nuclear-news.org/Articles/In-Quotes-Cameco-s-Tim-Gitzel-WNN-podcast-on-nucle
The policy effectively reverses the previous administration’s plans to phase out commercial nuclear energy.
Former president Moon Jae-in’s policy had been to retire the country’s 24 commercial reactors, which supply about 30% of its electricity generation, and refrain from building new ones.
By contrast, new president Yoon Suk-yeol, who took office earlier this year, is bullish on the need for South Korea to embrace nuclear energy. He has said building nuclear power plants is a global trend and essential to the reduction of carbon and energy security, noting that the EU had recently classified nuclear power as green energy in its sustainable finance taxonomy.
- Source: Nucnet
- Date: Thursday, 07 July 2022
- Original article: nucnet.org/news/new-energy-policy-reverses-phaseout-plans-and-targets-30-nuclear-share-in-2030-7-3-2022