Oklo signs MOU to partner with Korea Hydro & Nuclear Power
Oklo cofounder and CEO Jacob DeWitte and KHNP CEO Joo-ho Whang following the virtual signing of an MOU. (Source: Oklo)
Oklo announced last week that it hopes to expand development and global deployment of its advanced nuclear technology through a new partnership with Korea Hydro & Nuclear Power.
The memorandum of understanding includes plans for the companies to advance standard design development and global deployment of Oklo’s planned Aurora Powerhouse, a microreactor that would generate 15 MW and be scalable to 50 MWe. Oklo said each unit can operate for 10 years or longer before refueling.
Oklo and KHNP plan to cooperate on early-stage project development, including manufacturability assessments and planning of major equipment, supply chain development for balance-of-plant systems, and constructability assessments and planning.
