South Korea

The Danish developer, formerly known as Seaborg, plans to file a Regulatory Engagement Plan with the US Nuclear Regulatory Commission in Q1 2027 for its seaMSR-100, while pursuing a dual-hub manufacturing model spanning the United States and South Korea.

Ankara and Seoul have formalised two memoranda of understanding covering nuclear power plant financing and broader energy cooperation, with the Sinop project and a dedicated TÜNAŞ–KEXIM working group among the concrete outcomes.

A new agreement signed at the Russia-Africa Summit in Moscow establishes a joint working group to assess Uganda's nuclear infrastructure and progress site-selection engineering surveys for the planned Nakasongola Nuclear Power Plant.

From reactor design to manufacturing: NuScale Power and Doosan Enerbility take another step towards SMR deployment. 🇺🇸🇰🇷 NuScale Power has signed a contract with South Korea's Doosan Enerbility to manufacture the Upper Reactor Coolant System for the NuScale Power Module. Production will take...
Korea Hydro & Nuclear Power has ended construction contract negotiations with a Daewoo Engineering & Construction-led consortium for the $18.6 billion Dukovany two-unit APR1000 project, prompting Czech utility CEZ to terminate its cooperation agreement and open a fresh bidding process.
Elementl Power has entered a letter of intent and term sheet with a South Korean-led consortium to establish a development partnership of up to $750 million, targeting pre-construction activities across up to three advanced reactor projects, including a 1.5 GW BWRX-300 SMR site in Ohio.

South Korea's nuclear regulator has granted operating licence extensions to Kori units 3 and 4, clearing the way for Korea Hydro & Nuclear Power to restart both Westinghouse pressurised water reactors in the first half of 2027 following a four-year safety review.
TAESANG Co., Ltd. specialises in open-die forging and ring rolling. Key capabilities: Forging presses: 1,500, 2,000, 3,500 and 6,000 tonnes. Ring rolling: diameters up to Ø8,000–8,500 mm. Maximum workpiece weight: up to 80 tonnes for certain geometries. Max...
The governments of South Korea and the United States have announced a comprehensive agreement to construct new megawatt-class nuclear reactors at U.S. sites. This initiative aims to enhance energy security and establish resilient supply chains through industrial cooperation between the two nations.
The United States Department of Commerce announced that South Korea plans to invest $120 billion in U.S. nuclear power projects. This investment is part of a larger $200 billion commitment across three projects, with a significant portion allocated to the construction of eight large nuclear reactors at federal sites.

The United States and South Korea are deepening their strategic cooperation in the global nuclear power market, with plans for new reactor builds and significant investments in the nuclear supply chain. This collaboration aims to leverage US technological expertise and South Korean supply chain capabilities.
LS Electric and GE Vernova have established a joint venture, Grid X Technology, to enhance their competitiveness in the voltage-sourced converter-high voltage direct current (VSC-HVDC) market and support South Korea's next-generation grid.