Tag: power plant

power plant

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Visitors look at a small modular reactor model set up inside the nuclear power fair at the Bexco convention center in Busan on April 22. [YONHAP]

Local governments compete to host Korea's first SMR, expect trillions of won in economic value

Local governments are competing to host Korea’s first small modular reactor (SMR) amid growing expectations that the market will expand to an astronomical scale due to generous financial support and incentives.

2026.4.25

Doosan Enerbility's wind power facility on July 23, 2025 [YONHAP]

Gov't targets 20% of power generation through renewable energy by 2030

Korea is targeting at least 20 percent of power generation from renewable energy by 2030 in a bid to lower its heavy reliance on energy imports and respond to growing power demand.

2026.4.6

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Dinkar S. Bhatia, fifth from left, chief commercial officer of X-energy, and Bae Jong-sik, sixth from left, deputy head of the power plant division at DL E&C, pose for a photo to mark the signing of an SMR standard design contract at the Korean construction firm’s headquarters in western Seoul. [DL E&C]

DL E&C signs $10 million deal with U.S.-based X-energy to develop small modular reactor design

DL E&C will develop a standardized design for small modular reactors (SMRs) for U.S. nuclear energy provider X-energy in a $10 million deal, the Korean construction firm said Wednesday.

2026.3.25

Units 3 and 4 of the Saeul nuclear reactors are under construction in Seosaeng-myeon, Ulju County, Ulsan, on Jan. 26. [NEWS1]

Kepco reports significant losses in overseas nuclear projects

Korea’s overseas nuclear power projects are posting losses, undermining market expectations that reactor exports would deliver strong returns, according to regulatory filings by Korea Electric Power Corporation.

2026.3.24

A view of the Saeul-3 and 4 reactors at the Saeul Nuclear Power Plant in Ulju County, Ulsan [NUCLEAR SAFETY AND SECURITY COMMISSION]

Nuclear power plant construction back on, as Lee administration restarts plans for new reactors

The Lee Jae Myung administration is going forward with the construction of two new nuclear power plants that had earlier been put on hold for a public consensus process. It is now facing criticism for wasting time under the pretext of deliberation.

2026.1.26

The Sihwa Lake Tidal Power Plant in Ansan, Gyeonggi [K-WATER]

Sihwa Lake Tidal Power Plant turns national embarrassment into global model

The Sihwa Lake Tidal Power Plant in Ansan, Gyeonggi, offered a reversal of fortunes for a water quality initiative once considered Korea's worst national project to become a global model in tidal power generation.

2025.12.11

Smoke billows from a fire that broke out at Taean Thermal Power Plant in Taean on Dec. 9. [YONHAP]

Fire breaks out at coal power plant in Taean, 2 injured

A fire broke out at a coal-fired power plant in the western coastal county of Taean, South Chungcheong, on Tuesday, leaving two people injured, fire officials said.

2025.12.9

Choi Won-ho, chair of the Nuclear Safety and Security Commission (NSSC), delivers opening remarks during the 224th plenary meeting at the commission’s office in Jung District, central Seoul, on Nov. 13. The NSSC approved the lifetime extension of Kori-2 Nuclear Power Plant during the meeting. [NEWS1]

Kori-2 green light may open door to further approval of extended reactor operations

The Nuclear Safety and Security Commission approved the continued operation of the Kori-2 nuclear reactor in Busan — raising the likelihood that Korea Hydro & Nuclear Power will receive approval to extend the operation of nine additional reactors

2025.11.13

Search and rescue efforts are under way to locate two missing workers from the collapsed boiler tower at a thermal power plant in the southeastern city of Ulsan on Nov. 8. [YONHAP]

Search efforts continue to locate two workers missing from collapsed boiler tower in Ulsan

Search efforts continued Saturday to locate two workers missing from a collapsed boiler tower at a thermal power plant in Ulsan, with preparations underway to dismantle nearby units to facilitate the operation, authorities said.

2025.11.8

A citizen looks at the Kori-1 nuclear reactor, Korea's first commercial nuclear power plant, in Busan on June 26. [NEWS1]

Korea approves decommissioning of Kori-1, its first commercial nuclear reactor

The decommissioning of Korea’s first nuclear power reactor, Kori-1, has been approved, marking the first time a commercial nuclear reactor will be dismantled in the country.

2025.6.26