South Korea's the ministry of SMEs and Startups will invest 675 billion won ($513 million) by 2027 to revive small- and middle-sized nuclear power companies that have been affected by the government's nuclear power phase-out policy.
Korea Hydro and Nuclear Power CEO Whang Joo-ho The recent energy crisis dealt a particularly hard blow to Europe given its heavy dependency on Russian gas. The world was once again awakened to the fact that energy security dictates the survival of countries. Before the crisis, countries were al
Government officials attend an operating launch ceremony for the Shin Hanul No. 1 nuclear reactor South Korea put a newly built nuclear reactor into full operation on Wednesday to reinforce energy stability, reviving its goal of becoming a global powerhouse in the nuclear reactor busine
The Wholseong Nuclear Power Plant in North Gyeongsang Province South Korea plans to increase its proportion of nuclear power to 33% of the country’s energy generation by 2030, while slashing its proportion of renewables, a government advisory committee said on Tuesday.The target for nucle
South Korean President Yoon Suk-yeol (left front) looks at a model of a domestically developed nuclear reactor at a Doosan Enerbility plant on June 22, 2022 South Korea plans to rebuild the nuclear power plant industry hard hit by the previous government’s nuclear energy phasing-out polic