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
The Korea Electric Power Corporation (KEPCO) announced on December 6 that it has been selected as the preferred bidder for the acquisition of Toshiba’s shares in NuGen.The KEPCO and Toshiba are going to move ahead with negotiations for share acquisition for months to come. The KEPCO can acquire the
"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
Korea Hydro & Nuclear Power (KHNP) announced on October 9 that the standard design of the EU-APR was approved by the European Utility Requirements (EUR). The EU-APR is a version of the state-run nuclear operator’s APR 1400 reactor modified for export to Europe.The approval means that South Korea’s n