Korea Hydro & Nuclear Power
KHNP(Korea Hydro & Nuclear Power) provides about 30 percent of South Korea's electricity supply power generation company. It has a total installed capacity of more than 25,000MW from operating 25 nuclear power units, 28 hydropower units, 16 pumped-storage power units and a number of renewable energy facilities. KHNP is in the process of building 3 nuclear power plants (NPPs) domestically and has 2 additional units in the planning or preparation stage. Through close partnerships with local governments, the company is actively developing new and renewable energy sources, including small hydropower, photovoltaic and wind power, and it is also operating the world's largest fuel cell power plant with 58.8MW of capacity. In late 2009, South Korea secured its first commercial nuclear plant export contract from the United Arab Emirates, covering the delivery of four Advanced Power Reactor 1400 (APR 1400) units. Construction of the first APR 1400, which is acclaimed for its higher structural safety and improved economic feasibility, is slated to be completed by 2017. In addition to the UAE, KHNP is actively pursuing export of its NPPs to other nations. In Asia, KHNP inked formal agreements last year with China National Nuclear Power, a state-owned NPP operator, and Kansai Electric Power of Japan for active technology, personnel and information exchange. KHNP has also been providing benchmarking training programmes to China's Qinshan NPP for the past 16 years. To further reinforce its technological competitiveness, KHNP has unveiled the APR+, a 1,500MW-class large NPP developed solely using Korean technology. Last year, the standard design of the next-generation nuclear reactor was approved by South Korea's Nuclear Safety and Security Commission. The company hopes to diversify its export markets with the launching of the APR+.www.khnp.co.kr
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Search complete. 4 mentions across 2 episodes found for "Korea Hydro & Nuclear Power".
Oct 1, 2026
John LeeHOST
So what this agreement does is that it will allow South Korea to participate in the buildup of America's nuclear reactor construction phase.
John LeeHOST
So among eight nuclear reactors, six would be under the Westinghouse AP1000 reactor model, and two would be for KHNP's APR1400 reactors.
John LeeHOST
And this would allow, for the first time, for South Korean nuclear reactors to be built in the United States.
John LeeHOST
This would have a huge benefit for the South Korean nuclear energy sector, as well as it would also allow South Korea to have some equity stake in Westinghouse Electric as well.
John LeeHOST
Now, we have to remember that there was a huge agreement between Westinghouse Electric and KHNP last year that really constrained KHNP's ability to export nuclear reactors to other countries.
John LeeHOST
And so this could be a real step forward for KHNP.
John LeeHOST
But this whole Alaska situation, this is the one where South Korea is saying, we don't know if this is going to have any kinds of real investment benefits.
John LeeHOST
This really needs a lot of negotiations, a lot of consultation.
John LeeHOST
Exactly.
John LeeHOST
So, KHNP, the Korea Hydro Nuclear Power Corporation, which is a state-run South Korean energy company, utility company, formed an agreement to work and cooperate on uranium enrichment with Orano, which is a French nuclear energy company.
John LeeHOST
Now, forgive me for mispronouncing that company's name.
John LeeHOST
Is it Orano or Rayno? Forgive me.