Hyundai E&C, KAERI partner to commercialize next-gen reactors

Quick Summary:

Under the agreement, both parties will collaborate on various aspects of the SFR project, including development, domestic and international demonstration projects, commercialization and export, joint research and intellectual property (IP) technology transfer, and mutual personnel support and consultation frameworks.

Following the signing of a strategic business agreement in 2022, the two entities have been actively engaged in joint endeavors across multiple domains, including light-water reactor-based SMRs, molten salt reactors (MSRs), nuclear plant decommissioning, and nuclear-powered hydrogen production.

Hyundai Engineering & Construction Co.(Hyundai E&C) announced on Wednesday that it signed a public-private partnership agreement for the sodium-cooled fast reactor (SFR) development project with the Korea Atomic Energy Research Institute (KAERI) on June 11.

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Category: Economy

Markets: South Korea

Topics: Project Korea Agreement Development Fourth-generation Light-water Reactors Reactor Neutrons Nuclear Research

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Article Type: News Report

Published On: 2024-06-12 @ 12:24:42 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

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News ID: 21233826

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