popular articles

KHNP denies subsidy allegations in Czech nuclear project

KHNP, a South Korean energy leader, rejects government subsidy accusations related to its bid for two nuclear reactors in the Czech Republic.

Please share:

The South Korean energy giant, Korea Hydro & Nuclear Power (KHNP), recently won a tender to construct two nuclear reactors at the Dukovany power plant in the Czech Republic. This victory elicited reactions from international competitors, notably the French group EDF and the American company Westinghouse, who filed appeals against this decision. EDF expressed its desire to “ensure that the tender process aligns with the principles of fair trade,” while Westinghouse accused KHNP of using its technologies without authorization.

KHNP has firmly denied any subsidy accusations from the South Korean government in the context of this tender. In a statement addressed to Agence France-Presse (AFP), the Korean group stated: “KHNP has not received any subsidies nor promises of subsidies from the South Korean government in the context of the tender for the construction of new nuclear units in the Czech Republic.” This declaration aims to clarify doubts regarding the fairness of the tender process and to strengthen KHNP’s position in the international market.

European regulations and Czech tender

According to KHNP, the Czech project does not fall under a public market and the tender was launched in March 2022, before the implementation of the European regulation on foreign subsidies. This regulation, which came into effect in January 2023 within the European Union (EU), aims to combat direct or indirect financial contributions from a non-EU country that provide an advantage to a company present in the single market. KHNP thus emphasizes that “the European regulation on foreign subsidies does not apply to the Czech project,” thereby justifying the absence of subsidies in this specific context.

Project prospects and implementation schedule

The Czech Republic plans to sign an official agreement with KHNP by next March. The construction of the nuclear reactors is expected to begin in 2029, with the first reactor’s trial operation scheduled for 2036. This ambitious timeline reflects KHNP’s commitment to meeting deadlines and ensuring the quality of the nuclear facilities planned at the Dukovany power plant.

Collaboration with Czech companies

KHNP has already signed 76 cooperation protocols with Czech companies, which will need to supply 60% of all materials necessary for constructing the new nuclear units. This collaboration strengthens economic ties between South Korea and the Czech Republic, while also stimulating local industrial development. By integrating Czech partners into the supply chain, KHNP also ensures compliance with local requirements and promotes national expertise in the energy sector.

Reactions and implications for the nuclear market

The appeals filed by EDF and Westinghouse highlight competitive tensions in the international nuclear market. These legal actions could potentially delay the project’s implementation, but KHNP remains confident in the legitimacy of its tender. The outcome of these appeals could impact KHNP’s reputation and influence future competitions in the global energy sector.

Innovations and technologies used

KHNP plans to integrate cutting-edge technologies in the construction of the Dukovany nuclear reactors. The use of innovative solutions aims to improve energy efficiency and ensure the safety of the facilities. By adopting these advanced technologies, KHNP demonstrates its commitment to the energy transition and the reduction of carbon emissions, thereby contributing to the environmental objectives of the Czech Republic and the European Union.

Register free of charge for uninterrupted access.

Publicite

Recently published in

China National Nuclear Corporation mobilizes international investors and financial partners for a unique nuclear project combining two distinct technologies to simultaneously supply industrial heat and electricity, marking a new strategic step for China's energy industry.
Framatome and TechnicAtome have acquired Segault, a strategic nuclear valve manufacturer, thereby blocking a takeover by the American firm Flowserve following opposition from the French government.
Framatome and TechnicAtome have acquired Segault, a strategic nuclear valve manufacturer, thereby blocking a takeover by the American firm Flowserve following opposition from the French government.
The United States Nuclear Regulatory Commission has approved a 20-year extension for the operating licences of Oconee Nuclear Station, reinforcing energy supply in the Carolinas amid growing regional demand.
The United States Nuclear Regulatory Commission has approved a 20-year extension for the operating licences of Oconee Nuclear Station, reinforcing energy supply in the Carolinas amid growing regional demand.
A radioactive steam leak detected in the reactor building of Flamanville unit 1 forces EDF to postpone its restart by one month, according to the Nuclear Safety and Radiation Protection Authority.
A radioactive steam leak detected in the reactor building of Flamanville unit 1 forces EDF to postpone its restart by one month, according to the Nuclear Safety and Radiation Protection Authority.
French firm Framatome has been selected to modernise control systems at Switzerland’s Leibstadt nuclear plant, as part of a strategic investment aiming to extend its operation through 2045.
The U.S. Department of Energy reopens a $900M envelope to finance the construction of third-generation small modular reactors, aiming to rapidly expand national power capacity.
The U.S. Department of Energy reopens a $900M envelope to finance the construction of third-generation small modular reactors, aiming to rapidly expand national power capacity.
HYLENR Technologies has signed a memorandum of understanding with TakeMe2Space to test a low-energy nuclear reaction power solution aboard satellites designed for orbital computing.
HYLENR Technologies has signed a memorandum of understanding with TakeMe2Space to test a low-energy nuclear reaction power solution aboard satellites designed for orbital computing.
Japanese researchers have assembled a rechargeable battery harnessing the chemical properties of uranium, aiming to convert stored depleted uranium into a strategic energy storage resource.
Japanese researchers have assembled a rechargeable battery harnessing the chemical properties of uranium, aiming to convert stored depleted uranium into a strategic energy storage resource.
The French government is pressing EDF and industrial players to reach a pricing agreement by summer, amid ongoing tensions over nuclear supply contracts.
Two small modular reactor developers begin preliminary engagement with the US nuclear authority, ahead of filing applications for distinct projects targeting industrial use cases.
Two small modular reactor developers begin preliminary engagement with the US nuclear authority, ahead of filing applications for distinct projects targeting industrial use cases.
Fortum continues preparations for new nuclear capacity in Finland and Sweden, selecting three suppliers after a two-year feasibility study.
Fortum continues preparations for new nuclear capacity in Finland and Sweden, selecting three suppliers after a two-year feasibility study.
NRG-Pallas will conduct irradiation tests necessary for qualifying materials and fuel of Kairos Power's modular reactor, a critical prerequisite for regulatory approval in the United States.
NRG-Pallas will conduct irradiation tests necessary for qualifying materials and fuel of Kairos Power's modular reactor, a critical prerequisite for regulatory approval in the United States.
Tokyo Electric Power Company will begin next week the removal of thousands of contaminated sandbags, stored since 2011 in the Fukushima Daiichi basements, using robots designed for high-radiation environments.
Welding of the main reactor for Egypt’s El Dabaa nuclear power plant has been completed in Russia, marking a major milestone in the development of the country's first civilian nuclear programme.
Welding of the main reactor for Egypt’s El Dabaa nuclear power plant has been completed in Russia, marking a major milestone in the development of the country's first civilian nuclear programme.
Kazakh President Kassym-Jomart Tokayev has established a new agency to oversee nuclear energy, appointing Almassadam Satkaliyev as its head. This structure aims to enhance the country’s energy security and support its long-term nuclear ambitions.
Kazakh President Kassym-Jomart Tokayev has established a new agency to oversee nuclear energy, appointing Almassadam Satkaliyev as its head. This structure aims to enhance the country’s energy security and support its long-term nuclear ambitions.
The US Department of Energy allocated a $57 million loan to Holtec International to support the relaunch of the Palisades nuclear plant, which has been closed since 2022, to ensure compliance with NRC safety standards.
The US Department of Energy allocated a $57 million loan to Holtec International to support the relaunch of the Palisades nuclear plant, which has been closed since 2022, to ensure compliance with NRC safety standards.
Orano and Navoiyuran have signed a strategic agreement for the industrial development of the South Djengeldi uranium deposit in Uzbekistan, with the entry of Japanese company ITOCHU Corporation as a minority partner.
Chubu Electric starts dismantling reactors at Hamaoka plant, marking a turning point in the management of its nuclear sector as Japan plans to gradually reintroduce nuclear energy into its energy mix.
Chubu Electric starts dismantling reactors at Hamaoka plant, marking a turning point in the management of its nuclear sector as Japan plans to gradually reintroduce nuclear energy into its energy mix.
President Emmanuel Macron has announced an additional delay for the commissioning of the first EPR2 reactors, now set for 2038 instead of 2035. This decision was made during a meeting dedicated to the nuclear program.
President Emmanuel Macron has announced an additional delay for the commissioning of the first EPR2 reactors, now set for 2038 instead of 2035. This decision was made during a meeting dedicated to the nuclear program.
Engie has finalized a ten-year extension agreement with the Belgian state for the Doel 4 and Tihange 3 nuclear reactors, including a financial responsibility transfer related to spent fuel, following recent approval by the European Commission.
Engie has finalized a ten-year extension agreement with the Belgian state for the Doel 4 and Tihange 3 nuclear reactors, including a financial responsibility transfer related to spent fuel, following recent approval by the European Commission.
On Monday, President Emmanuel Macron will chair a Nuclear Policy Council focused on small modular reactors (SMRs) and uranium supply, within a global context of renewed interest in nuclear energy.
A group of technology and energy companies, along with 31 countries, has signed a pledge to triple global nuclear capacity by 2050, supporting a strategic expansion of this energy source.
A group of technology and energy companies, along with 31 countries, has signed a pledge to triple global nuclear capacity by 2050, supporting a strategic expansion of this energy source.
Rafael Mariano Grossi, IAEA Director-General, is visiting Niger to discuss nuclear cooperation. This visit comes at a time when the country, a major uranium producer, is experiencing internal political tensions.
Rafael Mariano Grossi, IAEA Director-General, is visiting Niger to discuss nuclear cooperation. This visit comes at a time when the country, a major uranium producer, is experiencing internal political tensions.
HD Hyundai and TerraPower have entered into a strategic partnership to optimise the manufacturing of Natrium reactor components. This collaboration aims to structure an industrial supply chain to accelerate their global deployment.
HD Hyundai and TerraPower have entered into a strategic partnership to optimise the manufacturing of Natrium reactor components. This collaboration aims to structure an industrial supply chain to accelerate their global deployment.

Advertising