South Korea: US Industry Ties Pick-Up Despite IP Standoff

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
AP_22069585572964-people-yoon-suk-yeol
Young Ho/Sipa USA via AP

South Korean President Yoon Suk-yeol's state visit to Washington this week saw a huge number of industrial tie-ups, including between key Korean nuclear firms and US companies focused on small modular reactors (SMRs), advanced reactors and nuclear fuel. But despite careful diplomatic language in a joint presidential statement, there appeared to be no breakthrough on the standoff between US-based Westinghouse and Korea's top nuclear firms, Korea Electric Power Co. (Kepco) and subsidiary Korea Hydro & Nuclear Power (KHNP), over intellectual property (IP) and export controls for Korea's large conventional reactors.

Topics:
Nuclear, Nuclear Newbuilds, Nuclear Policy
Wanda Ad #2 (article footer)
#
Saudi Arabia will rescind its small quantities protocol, the updated IEA net zero road map calls for doubling of nuclear power by 2050 and 20 OECD energy ministers back nuclear.
Fri, Sep 29, 2023
The heads of the IEA, ECB and EIB discussed how Europe can avoid falling behind its competitors in the transition to low-carbon energy.
Fri, Sep 29, 2023
An influential Chinese industry official signals a shift in thinking in Beijing away from the long-term goal to move to fourth-generation nuclear technology.
Fri, Sep 29, 2023