The government of Saudi Arabia sent an inquiry last week on the construction of two 1.4 GW nuclear power plants. The inquiry was sent to South Korea, France, China and Russia and the project size is estimated at 12 trillion won.According to industry sources, the Saudi government sent it to South Kor
Czech energy company CEZ is expected to move ahead with the Dukovany Nuclear Power Station construction project with either Korea Hydro & Nuclear Power or Rosatom of Russia.The Czech government is planning to send an invitation to bid within this year before the bidding scheduled for next year and p
The U.S. Nuclear Regulatory Commission (NRC) has approved the standard design of the Korean-type nuclear reactor APR1400.Korea Hydro & Nuclear Power Corp. (KHNP) announced on Oct. 4 that the U.S. nuclear regulator has issued a standard design approval on APR1400.The approval is expected boost the co
South Korean Trade, Industry and Energy Minister Paik Un-gyu and French Minister of Environment Nicolas Hulot signed a letter of intent and a memorandum of understanding (MOU) in Paris on November 28 (local time). The purpose of the former is cooperation between France and South Korea in the energy
"The government will actively support the export of nuclear power plants to ramp up national interests by strictly checking profitability and risk," said Baek Woon-kyu, Minister of Trade, Industry and Energy at the "Nuclear Export Strategic Council" held at the Seoul Trade Center on October 10.He we
Despite the acceleration of policies for nuclear and coal phase-outs, electric power generated from new and renewable energy source was, in fact, only marginal. Although the production volume of electric power based on new and renewable energy sources reached a record high last year, its half came f
Korea Electric Power Corp. (KEPCO) announced that it has signed a memorandum of understanding (MOU) with the U.S. State of Virginia on new energy business comprehensive cooperation at the Grand Hyatt Seoul on November 16.KEPCO president Cho Hwan-ik and Virginia Governor Terry McAuliffe signed the ag
KEPCO Nuclear Fuel Co. (KEPCO NF) announced on August 8 that it has developed its own nuclear power plant operational support system dubbed “Operational Core Analysis and Simulation System.”It has become the third company in the world that has developed its own operational support system after Westi
South Korean President Park Geun-hye met with Czech President Miloš Zeman in the Czech Republic on Dec. 2.At the meeting, the Korea Electric Power Corporation and SP, a state-run power company of the republic, signed an MOU for mutual cooperation in the nuclear power industry. The Korea Hydro & Nucl
After Korea Hydro & Nuclear Power Co., Ltd. (KHNP) signed an agreement with Saudi Arabia to export SMART nuclear reactors, the Korean-designed water nuclear reactor also passed preliminary review by the export regulatory commission in the U.S.The KHNP announced that the U.S. Nuclear Regulatory Commi
The 22nd World Energy Congress, held in Daegu City for five days from October 13, is expected to become a forum for in-depth discussions on a wide range of energy issues, including those associated with petroleum, coal, natural gas, nuclear energy and new and renewable energy.This year’s congress, w
Korea Hydro & Nuclear Power Co (KHNP) has thrown its hat into the ring for a Finnish nuclear power plant project. This is the first time for the nation to make a bid in the nations that have highly advanced technologies in nuclear power generation.KHNP said on February 1 that it has submitted a bid
Doosan Heavy Industries & Construction specializes in nuclear power plant equipment such as, reactor vessels, steam generators, coolant pumps, boilers, turbines, heat recovery steam generators, and plant instrument control systems. Doosan supplied an APR1400 nuclear reactor, steam generator and tur
Doosan Group, with the aim of entering the world’s 200 leading enterprises by 2010, is striving to increase its global market share with an emphasis on Infrastructure Support Business (ISB). In particular, Doosan Group is placing more energy and time into developing new cutting-edge technologies in
BusinessKorea held an interview with Kim Tae-woo, executive vice-president and head of the Nuclear Power Plant Business Group at Doosan Heavy Industries to let readers better understand the nuclear power plant business.Q: What does the UAE nuclear plant project mean to your company?A: I think we lan
A Korean consortium signed a contract worth US$40 billion to build four nuclear power plants in the United Arab Emirates (UAE) in late December of 2009. Korea and the UAE signed and announced the deal at a ceremony in Abu Dhabi attended by Korean President Lee Myung-bak and UAE President Sheikh Khal
KOREA Electric Power Corp. (KEPCO) signed a memorandum of understanding (MOU) to secure the business rights to the Namakhvani Hydro Electric Power Generation Project with the Georgian Government in Tbillisi in November. This deal is expected to pave the road for KEPCO to enter the European market.KE