From left: Hyundai E&C president and CEO Young-joon Yoon, Holtec president and CEO Kris Singh, South Korean minister of trade, industry and energy Chang-yang Lee, and K-Sure president and chairman Inho Lee. (Photo: Holtec)
Two South Korean financial institutions—the Korea Trade Insurance Corporation (K-Sure) and the Export-Import Bank of Korea (KEXIM)—have signed pacts with Holtec International and Hyundai Engineering & Construction (a Hyundai Motor Group subsidiary) to provide support to Holtec’s SMR-160 projects around the world, the American firm announced on May 2.
In a global market with different national regulations, on-site testing of power plant components can be complex. Thanks to smart glasses, remote testing should become easier.
March 29, 2023, 9:30AMNuclear NewsChristoph Gatzen and Simon Lemin
VR glasses from manufacturer RealWear.
The challenges of climate change are bringing nuclear energy back into focus. Even in Germany, which decided on a general nuclear phaseout in 2011 as a response to the Fukushima disaster that year, nuclear energy is again being discussed as a bridging technology. Compared with fossil fuels, nuclear saves considerable greenhouse gases. However, for a holistic view of CO2 emissions from power plants, the procurement, maintenance, and repair of plant components must also be considered. At the very least, the CO2 emissions caused by the high costs of testing and maintaining a nuclear power plant can be reduced.
A rendering of a NuScale VOYGR plant. (Image: NuScale)
NuScale Power, the Portland, Ore.–based small modular reactor developer, announced last week that it has placed the first upper reactor pressure vessel (RPV) long-lead material (LLM) production order with South Korea’s Doosan Enerbility.
South Korea’s Shin-Hanul-1 (on left) and -2. (Photo: KHNP)
Unit 1 at South Korea’s Shin-Hanul nuclear power plant entered commercial operation last week, Korea Hydro & Nuclear Power has announced. The 1,340-MWe APR-1400—designed by KHNP and parent firm Korea Electric Power Company—achieved initial criticality on May 22 of this year and was connected to the grid on June 9.
The CANDU reactors at Qinshan. (Photo: Wikimedia/Atomic Energy of Canada Limited)
SNC-Lavalin subsidiary Candu Energy recently announced that it is engaged in pre-project design and engineering work at the Qinshan Phase III nuclear power station in China’s Zhejiang Province with Third Qinshan Nuclear Power Company (TQNPC), the plant’s operator.
Artist's rendering of Shin-Hanul Units 3 and 4. (Image: KHNP)
South Korea’s new president, Yoon Suk-yeol, appears to be following through on his campaign pledge to reverse the previous administration’s domestic nuclear phaseout plan. Earlier this month, Yoon’s Ministry of Trade, Industry, and Energy announced a new direction for the nation’s energy policy—one that calls for, among other things, a reembrace of nuclear power. A further announcement on the subject last week provided additional details.
The world's first AP1000 reactors to enter operation, Sanmen units 1 and 2, in China. (Image: Westinghouse Inc.)
Westinghouse Electric Company and South Korea’s Hyundai Engineering & Construction have signed an agreement to “jointly participate in global AP1000 plant opportunities,” the Pennsylvania-based nuclear technology firm announced on May 24.
Kiyoun Na, chief executive officer of Doosan Enerbility’s nuclear business group; John Hopkins, president and CEO of NuScale Power; Yongsoo Huh, president and CEO of GS Energy; and Byung Soo Lee, executive vice president of Samsung C&T, signed an MOU to collaborate on NuScale SMR deployment in Asia.
Small modular reactor developer NuScale Power has signed a memorandum of understanding with three South Korean companies—Doosan Enerbility Company, GS Energy Corporation, and Samsung C&T Corporation—to explore the deployment of NuScale’s VOYGR power plants in Asia.
Holtec president and chief executive officer Kris Singh (left) and Hyundai E&C president and CEO Yoon Young-Joon at the teaming agreement signing ceremony. (Photo: Holtec)
Holtec International and Hyundai Engineering & Construction have signed an agreement to cooperate in the area of nuclear plant decontamination and decommissioning.
Under the teaming agreement, Hyundai E&C will participate in D&D activities at Holtec-owned decommissioning sites in the United States to build its capabilities and experience in preparation for decommissioning projects in South Korea, which will be undertaken by the two companies. The agreement also provides for the two companies to further expand their cooperation internationally.
Unit 2 at the UAE’s Barakah nuclear plant. (Photo: ENEC)
Unit 2 at the United Arab Emirates’ Barakah nuclear power plant has entered commercial operation, Emirates Nuclear Energy Corporation (ENEC) announced on March 24. Unit 2 adds an additional 1,400 MW of zero-carbon emission electricity to the UAE’s national grid, bringing the total amount of electricity produced at Barakah to 2,800 MW.
In a virtual ceremony, CNL and KHNP signed a memorandum of understanding to cooperate on spent CANDU fuel research. (Image: CNL)
Canadian Nuclear Laboratories (CNL) and Korea Hydro and Nuclear Power (KHNP) intend to leverage data collected over decades on the dry storage of spent nuclear fuel to help inform decision-making on future spent fuel storage, transportation, and disposal activities.