2023-02-01 11:55:00
S.KOREAN NUCLEAR FOR TURKEY
WNN - 31 January 2023 - - Korea Electric Power Corporation (KEPCO) has submitted a preliminary proposal to Turkey for the construction of four APR-1400 reactors at an undisclosed site in the northern part of the country.
KEPCO CEO Seung-il Jeong presented the proposal to Fatih Dönmez, Turkey's Minister of Energy and Natural Resources, on 30 January during a meeting in which they discussed plans for KEPCO to participate in the nuclear power plant project.
"The main contents of the proposal include the introduction of KEPCO and Korea's excellent nuclear power plant construction capabilities, the business structure of the Turkey nuclear power plant, the construction period, and localisation," KEPCO said in a statement.
"With the submission of a preliminary proposal by KEPCO, full-fledged discussions for the export of new nuclear power plants to Turkey began, and KEPCO plans to conduct a project feasibility study jointly with Turkey, expected to derive the optimal business promotion plan," it added.
Under a USD20 billion deal announced in December 2009, four Korean-designed APR1400 reactors are being built at Barakah in the UAE by a consortium led by the KEPCO. First concrete for Barakah 1 was poured in July 2012, while that for units 2-4 was poured in April 2013, September 2014 and July 2015, respectively. The first three of these units were connected to the grid in August 2020, September 2021 and October 2022, respectively.
"Among the newest nuclear power plants currently under construction in the West, KEPCO is the only operator that has gained customer trust by meeting the given budget and timing," the company said.
Turkey's nuclear programme was successfully launched by President Recep Tayyip Erdoğan in around 2006. Four VVER-1200 reactors are currently being built by Russia at Akkuyu on Turkey's Mediterranean coast under a 2010 intergovernmental agreement. Two further sites were proposed for nuclear development: Sinop, which is central on Turkey's Black Sea coast, and Ignaeda, which is on the Black Sea in the European part of Turkey.
Various plans have been discussed for the two proposed sites. Four Atmea1 units by a joint venture of Framatome and Mitsubishi Heavy Industries were discussed for Sinop and an intergovernmental agreement was signed with Japan giving it "exclusive negotiating rights to build a nuclear power plant". For Ignaeda, there have been discussions with Westinghouse and China's State Nuclear Power Technology Corporation (SNPTC) regarding AP1000s and SNPTC's development of them, the CAP1400.
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Earlier:
2023, January, 30, 11:10:00
TURKEY'S CLEAN ENERGY PLAN
National Energy Plan of Türkiye has been announced and published last week by the Ministy of Energy and Natural Resources. The plan which is prepared based on 2053 Net Zero Emission target covers the period of 2020-2035.
2023, January, 20, 11:00:00
S.KOREA, UAE NUCLEAR COOPERATION
The United Arab Emirates (UAE) also decided to invest $30bn in South Korea's industries, South Korea's presidential office said.
2023, January, 13, 10:25:00
S.KOREAN NUCLEAR POWER GROWTH
In July, the government laid out a new energy policy which aims to maintain nuclear's share of the country's energy mix at a minimum of 30% by 2030.
2023, January, 9, 12:35:00
RUSSIA, TURKEY STRATEGIC PROJECTS
The discussion covered issues related to further expanding economic ties, primarily in energy, with the priority being strategically significant projects like the creation of a regional natural gas hub in Turkiye and the construction of the Akkuyu nuclear power plant.
2023, January, 5, 16:20:00
S.KOREAN FLOATING NUCLEAR
Seaborg's design is for modular CMSR power barges that can produce between 200 MW and 800 MW of electricity, with an operational life of 24 years.
2022, December, 12, 15:40:00
RUSSIAN, TURKEY ENERGY PROJECTS
The special importance of joint energy projects, primarily in the gas industry, was emphasised. Following the recent talks in Istanbul by Gazprom CEO Alexei Miller the discussion continued of the initiative to create a regional gas hub in Turkiye.
2022, November, 3, 12:15:00
TURKISH BLACK SEA GAS
Additional domestic gas production from a bigger reserve base in the Black Sea may allow Turkey to reverse some of the recent electricity and gas price hikes.
