RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2023-04-14 07:20:00

UK, SOUTH KOREA NUCLEAR COOPERATION

UK, SOUTH KOREA NUCLEAR COOPERATION

WNN - 11 April 2023 - The UK and South Korea have signed a joint declaration stating their agreement on the need for energy transition from fossil fuels to low-carbon power sources, prospects for South Korea's participation in new UK nuclear power plant projects and the two countries' exchanges and cooperation in offshore wind power, hydrogen and other clean energy areas.

The statement was signed in Seoul on 10 April by British Energy Security Secretary Grant Shapps and South Korean Trade, Industry and Energy Minister Lee Chang-yang.

On nuclear energy, the statement aims "on advancing civil nuclear power generation, cementing a partnership spanning over three decades, covering issues including safety standards and regulation, all agreeing the crucial role of nuclear in creating secure, affordable and clean energy", the UK Department for Business, Energy and Industrial Strategy said.

It said the joint statement of cooperation on energy transition, including civil nuclear energy, focuses on: accelerating plans for civil nuclear - with the UK and South Korea in agreement that nuclear energy has an essential role to play in creating secure and affordable energy; agreement on collaborating to promote the highest standards of nuclear safety, regulation, security, safeguards and non-proliferation – setting a global standard; confirmation of plans to build robust and resilient nuclear supply chains and to share experiences in developing the latest advanced civil nuclear technologies – including small modular reactors; and reaffirming a shared commitment to accelerate the just transition away from unabated coal power and actively collaborate on expanding renewable energy technologies.

"Korea is making a broad range of policy efforts aimed at energy transition in shifting towards carbon neutrality on the basis of stable power supply," Lee said. He added that Korea "plans to expand renewable energy to appropriate and attainable levels while utilising nuclear energy, a zero-carbon power source, on the premise of securing stability."

Lee said "South Korea's strengths lie in design, construction and main equipment production, while the UK's lie in decommissioning and nuclear fuel", adding that "mutually beneficial cooperation is possible".

"I want the Republic of Korea to work ever closer with us in the UK, making the most of world-leading British expertise to move further and faster towards greater use of renewables, of opportunities in the UK to invest, and to redouble our efforts against Putin’s weaponising of our global energy sources," Shapps said.

Last month, Shapps launched the Powering Up Britain policy paper, which sets out "ambitious plans to scale up affordable, clean, homegrown power and build thriving green industries in Britain ... boosting the country's energy security and independence and reducing household bills for the long-term and maintaining a world-leading position in achieving net-zero". On nuclear, the government has launched Great British Nuclear, which will be responsible for driving the delivery of new nuclear projects, with the aim of increasing the share of nuclear in the UK's electricity mix from the current 15% to 25% by 2050.

In July last year, the South Korean 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. It also called for the construction of units 3 and 4 at the Shin Hanul nuclear power plant to resume. The new policy also aimed to strengthen exports of new energy industries and "capitalise on them as growth engines". It sets the goal of exporting 10 nuclear power plants by 2030, as well as the development of a Korean small modular reactor design.

-----


Earlier:

UK, SOUTH KOREA NUCLEAR COOPERATION
2023, March, 1, 11:10:00
BRITAIN FUSION ACCELERATION
The selected projects aim to tackle specific challenges linked to the commercialisation of fusion energy, from novel fusion materials and manufacturing techniques through to innovative heating and cooling systems, all needed for future fusion power plants.
UK, SOUTH KOREA NUCLEAR COOPERATION
2023, February, 17, 10:50:00
S.KOREAN NUCLEAR SHIPS
Last month, South Korean shipbuilder Samsung Heavy Industries announced it had completed the conceptual design for the CMSR Power Barge - a floating nuclear power plant based on compact MSRs It also obtained the basic certification of the design from the American Bureau of Shipping.
UK, SOUTH KOREA NUCLEAR COOPERATION
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.
UK, SOUTH KOREA NUCLEAR COOPERATION
2023, January, 16, 12:25:00
BRITAIN'S NUCLEAR INVESTMENT
"Investment in new nuclear is a no-regrets option given expected increase in power demand and retirement of existing plants," the report said.
UK, SOUTH KOREA NUCLEAR COOPERATION
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.
UK, SOUTH KOREA NUCLEAR COOPERATION
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.
UK, SOUTH KOREA NUCLEAR COOPERATION
2022, December, 13, 13:35:00
BRITAIN'S AMERICIUM BATTERIES
NNL said it has been working on this endeavor since 2009, when its researchers first discovered that americium-241, an alternative to Pu-238, is produced during the radioactive decay of used fuel from nuclear reactors and that it emits power for more than 400 years.
All Publications »
Tags: KOREA, BRITAIN, NUCLEAR, HYDROGEN