2022-07-04 12:30:00
S.KOREAN NUCLEAR FOR CZECH
N - 1 July 2022 - South Korea's Minister of Trade, Industry and Energy, Lee Chang-yang, during a three-day visit to the Czech Republic, sought to promote Korea’s nuclear expertise hoping to win a new NPP project, his office said. South Korea is bidding for the project to build an additional reactor at the Dukovany NPP. During a meeting with his Czech counterpart, Jozef Sikela. Lee stressed the advanced nuclear power technologies and management prowess South Korea had proved in constructing four units at the Barakah NPP in the United Arab Emirates (UAE) after it won the contract in 2009.
"A nuclear power generation project requires more than a decade for construction and involves operations for more than 60 years. South Korea is a reliable partner in terms of economic feasibility, safety, and ensuring the construction period," Lee said.
The Czech Republic launched a tender for the Dukovany project in March, and Korea Hydro & Nuclear Power KHNP), US-based Westinghouse and France's EDF have passed the security appraisal.
Participants have to submit preliminary bids by November.
During the meeting, the two ministers also agreed to boost cooperation on small modular reactors (SMRs) and hydrogen, as well as in other key industries. South Korea's new Yoon Suk-yeol government has been actively pushing to revive its nuclear energy industry, reversing the former government's nuclear phase-out policy.
Lee also met with Milos Vystrcil, the Czech Senate president, and explained Korea’s nuclear energy policy and technology capabilities, requesting parliamentary cooperation to extend bilateral industry ties, according to the ministry.
On 27 June, some 400 officials from the Korean and Czech nuclear power generation sectors held a joint session during which they signed a total of 10 memoranda of understanding on nuclear energy and hydrogen, which involved nine South Korean companies and institutions and 21 Czech entities, the ministry said. Following his talks in the Czech Republic Lee will pay a two-day stay to Poland, which is also planning NPP construction.
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Earlier:
2022, June, 28, 11:40:00
S.KOREAN NUCLEAR SUPPORT
South Korea’s new president, Yoon Suk-yeol, said on 22 June that in order to rebuild the nuclear industry that was “devastated by the previous administration”, the government will allocate KRW92.5 billion ($70 million) from the energy budget for the restoration of nuclear power generation capacity.
2022, June, 13, 14:25:00
S.KOREA NUCLEAR EXPORTS
South Korea has a goal of exporting 10 nuclear power plants by 2030.
2022, May, 26, 12:05:00
S.KOREA, BANGLADESH NUCLEAR
Bangladesh's first nuclear power plant - comprising two VVER-1200 reactors - is currently under construction by Russia's AtomStroyExport at Rooppur, about 160 km northwest of Dhaka.
2022, May, 11, 10:35:00
S.KOREAN NUCLEAR ENERGY
South Korea currently has 24 reactors, providing about one-third of South Korea’s electricity and nuclear energy had long been a strategic priority for the country until the phase-out policy was introduced.
2022, April, 14, 11:50:00
U.S., FRANCE NUCLEAR FUEL FOR CZECH
ČEZ said three bidders - Framatome, Westinghouse and Russia's TVEL - participated in the tender, which was launched in April 2020.
2022, April, 13, 12:35:00
U.S. NUCLEAR FOR CZECH
Westinghouse is one of three finalists in the Dukovany nuclear power plant tender.
