The U.S. and South Korea have reached a provisional agreement and are working on a memorandum of understanding to advance the countries’ partnership on civil nuclear energy.

Framatome and Korea Hydro & Nuclear Power (KHNP) have announced the signing of a memorandum of understanding to explore the possibility of producing the medical isotope lutetium-177 at KHNP’s Wolsong nuclear power plant in South Korea. The companies also will investigate the feasibility of using the plant to support Korean production of medical radioisotopes in the future.

Unit 2 of South Korea’s Shin-Hanul nuclear power plant entered commercial operation on April 5, Korea Hydro & Nuclear Power announced. It is the nation’s 26th operating reactor, which continues the upward nuclear trend as South Korea reverses a previous phase-out plan for nuclear.

Washington, D.C. – The American Nuclear Society (ANS) supports the start of Japan’s controlled release of re-treated, diluted tritium wastewater into the sea from the Fukushima Daiichi Nuclear Power Plant (NPP), which sustained damage in the aftermath of a 2011 earthquake and tsunami.

Steven Arndt
president@ans.org

This will be my last column in Nuclear News as president of the American Nuclear Society. Where has the year gone? For me and for all of us in the nuclear community it has been an exciting and productive 12 months. We have cheered the decision to extend Diablo Canyon operations, witnessed fuel loading and—hopefully by the time the June issue of NN is out—the start of commercial operations of Unit 3 at Vogtle, and seen significant strides forward in the licensing and deployment of small modular reactors. Internationally, we have watched the progress in the deployment of new units in the United Arab Emirates and other countries, as well as renewed commitment to nuclear in countries including Japan, South Korea, India, and the United Kingdom. All of this has been a result of both public and private investment in and commitment to nuclear.

Recently, the Inflation Reduction Act and other government actions in the United States have provided opportunities for increased investment in nuclear energy, including production tax credits and investment tax credits.

Two South Korean financial institutions—the Korea Trade Insurance Corporation (K-Sure) and the Export-Import Bank of Korea (KEXIM)—have signed pacts with Holtec International and Hyundai Engineering & Construction (a Hyundai Motor Group subsidiary) to provide support to Holtec’s SMR-160 projects around the world, the American firm announced on May 2.

As part of the run-up to the G7 Ministers’ Meeting on Climate, Energy, and Environment in Japan on April 15–16, U.K. energy security secretary Grant Shapps met in Seoul yesterday with South Korean trade, industry, and energy minister Chang-yang Lee to discuss closer collaboration on clean energy development and energy security.

The challenges of climate change are bringing nuclear energy back into focus. Even in Germany, which decided on a general nuclear phaseout in 2011 as a response to the Fukushima disaster that year, nuclear energy is again being discussed as a bridging technology. Compared with fossil fuels, nuclear saves considerable greenhouse gases. However, for a holistic view of CO₂ emissions from power plants, the procurement, maintenance, and repair of plant components must also be considered. At the very least, the CO₂ emissions caused by the high costs of testing and maintaining a nuclear power plant can be reduced.

This year marks the 25th year that ANS's Nuclear News magazine has published its Reference Section, which features a world list of nuclear power plants, maps showing worldwide plant locations, tables with information on U.S. plant renewals, and international data tables and graphics. What follows are interesting tidbits that Nuclear Newswire has picked up from this year's Reference Section, which was published in the March NN.

From the Reference Section
Five power reactors started commercial operations around the world in 2022 and five more closed, leaving the total number of operable nuclear power reactors in this 25th Annual Reference Section at 434, the same as the year before. What’s more, that number is just one more than the 433 power reactors listed in the 1st Annual Reference Section back in 1999. But make no mistake, plenty has changed over 25 years. Read on.

Paris Ortiz-Wines

“Nuclear is finding its way into real acceptance and enthusiasm, and that’s really exciting.” So said secretary of energy Jennifer Granholm at the COP27 climate conference last November.

For the past 65 years, humanity has harnessed the power of the atom. Since the grid connection of the world’s first commercial nuclear plant in 1957, nuclear has been an unsung hero in providing reliable, clean energy for generations. Nuclear is the world’s fourth-largest source of energy and the second-largest low-carbon source of energy, per Our World in Data.

And yet, it wasn’t until September of 2021, when it became increasingly clear that the world was entering an energy crisis, that nuclear found its way back into the spotlight. Five months later, with the invasion of Ukraine, countries dependent on Russian gas found themselves in a precarious and costly position.

NuScale Power, the Portland, Ore.–based small modular reactor developer, announced last week that it has placed the first upper reactor pressure vessel (RPV) long-lead material (LLM) production order with South Korea’s Doosan Enerbility.

Unit 1 at South Korea’s Shin-Hanul nuclear power plant entered commercial operation last week, Korea Hydro & Nuclear Power has announced. The 1,340-MWe APR-1400—designed by KHNP and parent firm Korea Electric Power Company—achieved initial criticality on May 22 of this year and was connected to the grid on June 9.

As energy security and environmental concerns prompt some countries to increase their reliance on nuclear energy or become first-time adopters of the technology, the U.S. government must decide whether it will offer financing for reactor exports—a move that poses financial risks but could create jobs, address global climate and energy security challenges, and limit Chinese and Russian influence. A new report released on August 25 by the Center on Global Energy Policy at Columbia University’s School of International and Public Affairs, Comparing Government Financing of Reactor Exports: Considerations for U.S. Policy Makers, digs into the history of nuclear reactor financing and delivers recommendations for U.S. policymakers.

Matt Bowen, research scholar at the center and the report’s lead author, told Nuclear News, “Given how important financing is to countries considering new reactor construction, as well as the competition that U.S. vendors face from foreign state-owned entities, Congress and the White House should both focus attention on the issue, including policy options to increase U.S. competitiveness.”

Lee Chang-yang

A multi-ministry task force has been established by the government of South Korea to promote the export of nuclear power development projects. The task force, led by minister of trade, industry, and energy Lee Chang-yang, includes nine ministries, such as national defense; economy and finance; foreign affairs; and land, infrastructure, and transport. It also includes a number of private-sector companies and public institutions— Korea Hydro and Nuclear Power, Export-Import Bank of Korea, and Korea Electric Power Corporation among them.

Diplomatic offices: The Korean task force plans to establish diplomatic offices in several countries in order to perform its mission effectively, including the United Kingdom, the Netherlands, the Czech Republic, Poland, Kazakhstan, the Philippines, Saudi Arabia, and South Africa.

SNC-Lavalin subsidiary Candu Energy recently announced that it is engaged in pre-project design and engineering work at the Qinshan Phase III nuclear power station in China’s Zhejiang Province with Third Qinshan Nuclear Power Company (TQNPC), the plant’s operator.

South Korea’s new president, Yoon Suk-yeol, appears to be following through on his campaign pledge to reverse the previous administration’s domestic nuclear phaseout plan. Earlier this month, Yoon’s Ministry of Trade, Industry, and Energy announced a new direction for the nation’s energy policy—one that calls for, among other things, a reembrace of nuclear power. A further announcement on the subject last week provided additional details.

Westinghouse Electric Company and South Korea’s Hyundai Engineering & Construction have signed an agreement to “jointly participate in global AP1000 plant opportunities,” the Pennsylvania-based nuclear technology firm announced on May 24.

Seung Chul Lee, deputy chief executive officer of Korea Hydro and Nuclear Power, has told the Polish Press Agency that KHNP is willing to cofinance the construction of six nuclear power units in Poland. KHNP formally offered to construct the APR1400 reactors, with a total capacity of 8.4 GW, in April. The Polish government plans to have the country’s first nuclear reactor begin operating in 2033 and for subsequent reactors to be completed every two to three years thereafter.

Small modular reactor developer NuScale Power has signed a memorandum of understanding with three South Korean companies—Doosan Enerbility Company, GS Energy Corporation, and Samsung C&T Corporation—to explore the deployment of NuScale’s VOYGR power plants in Asia.

Holtec International and Hyundai Engineering & Construction have signed an agreement to cooperate in the area of nuclear plant decontamination and decommissioning.

Under the teaming agreement, Hyundai E&C will participate in D&D activities at Holtec-owned decommissioning sites in the United States to build its capabilities and experience in preparation for decommissioning projects in South Korea, which will be undertaken by the two companies. The agreement also provides for the two companies to further expand their cooperation internationally.