South Korea and Poland enhance cooperation in nuclear

Poland and South Korea strengthen their energy partnership with nuclear power agreements, driving Poland's green energy transition. The collaboration focuses on advancing Poland's nuclear energy agenda through the application of innovative technology and sustainable solutions.

Partagez:

Poland and South Korea strengthen their energy partnership with nuclear power agreements, driving Poland’s green energy transition. Approximately 350 officials from both countries attended an event during the visit of South Korean President Yoon Seok-yeol to Poland. These Memorandums of Understanding (MoUs) primarily focused primarily on nuclear power generation, emphasizing Poland’s ambition to strengthen its energy infrastructure.

Advancing Poland’s Nuclear Energy Agenda: Commitment, Collaboration, and Sustainable Solutions

The signed MoUs between Doosan Enerbility and Polish companies highlight Poland’s commitment to new nuclear power plants. These agreements align with efforts to diversify energy and reduce reliance on fossil fuels. To further these initiatives, Poland’s Ministry of State Assets, South Korea’s MOTIE, ZE PAK, PGE, and KHNP signed a letter of intent. This agreement aims to advance their collective efforts. This milestone sets the stage for the second nuclear power plant in Pątnów. The plant will feature Korean-supplied APR1400 reactors with a capacity of 2800 MWe.

To expand cooperation, Hyundai Engineering Company (HEC) partnered with Grupa Azoty Zakłady Chemiczne Police SA and the USA’s Ultra Safe Nuclear Corporation (USNC). Their collaboration hence focuses on advancing Poland’s nuclear energy agenda. The partnership focuses on harnessing USNC’s Micro-Modular Reactor (MMR) technology. The partnership aims to apply this technology in the chemical industry and construct small modular reactors (SMRs). It also focuses on utilizing emission-free nuclear energy for hydrogen production. This collaboration signals Poland’s determination to explore sustainable and clean energy solutions.

Revolutionizing Poland’s Energy Landscape: Collaboration, Innovation, and Sustainable Solutions

In a significant development, Grupa Azoty Police, USNC, and the West Pomeranian University of Technology have recently signed an agreement to establish a state-of-the-art nuclear energy research facility in the town of Police. This cutting-edge facility, located in northwestern Poland, will serve as a hub for advancing USNC’s MMR technology. Furthermore, it reinforces the country’s position as a major player in the nuclear energy sector.

Mariusz Grab, President of the Management Board of Grupa Azoty Police, lauded the collaboration, highlighting its potential to revolutionize the chemical industry. Echoeing this sentiment, HEC CEO Hyeon-Sung Hong, emphasized the strategic value of partnering with Grupa Azoty Group and USNC. Grupa Azoty is a prominent player in Poland’s fertiliser and chemical sector, while USNC is a leader in micro modular reactor technology. Leveraging their collective expertise, the collaboration aims to accelerate the establishment of a sustainable and eco-friendly energy landscape in Poland.

The event surrounding President Yoon Seok-yeol’s visit has not only underscored the mutual commitment of South Korea and Poland to strengthening energy cooperation but has also set the stage for groundbreaking advancements in nuclear power generation. With a focus on green energy and sustainable solutions, these collaborative efforts are poised to shape Poland’s energy landscape. They pave the way for a greener and more sustainable future in the country.

  • Populaires ​
Wood Mackenzie forecasts $1.35 trillion for CCUS and carbon credits markets
Ignis Energy secures $13.6mn to accelerate global geothermal projects
NamPower launches $90.3mn solar power plant to secure Namibian energy
France Officially Launches Its First Floating Wind Farm in the Mediterranean
Brno rejects EDF lawsuit over Czech nuclear contract
World Bank resumes nuclear financing after decades of absence
After several decades without funding nuclear projects, the World Bank has formed a strategic partnership with the IAEA to provide technical and financial support to countries integrating nuclear energy into their energy strategies.
Seoul approves definitive decommissioning of South Korea’s first nuclear reactor
South Korea's Nuclear Safety and Security Commission officially validates the decommissioning of reactor number one at the Kori plant, initiating an unprecedented project for the national industry scheduled to last until 2037.
EnCore Energy raises uranium output and hails Texas nuclear reforms
Uranium producer enCore Energy surpasses three thousand pounds per day at its Alta Mesa ISR complex and sees three new Texas laws as a strong signal for faster nuclear production permits.
IAEA Confirms Concerns About Iranian Enriched Uranium Stockpile
The International Atomic Energy Agency expresses concerns over Iran’s enriched uranium stockpiles following the abrupt suspension of inspections at key sites disrupted by recent attacks whose consequences remain uncertain.
India: NPCIL extends deadline to September 30 for BSR reactor proposals
NPCIL has announced an extension until September 30 for industrial proposals concerning Bharat Small Reactors (BSR), following increased interest from the Indian private sector.
EDF anticipates immediate reduction in nuclear output amid heatwave
Facing rising temperatures, EDF anticipates cuts in nuclear production starting early July, primarily due to thermal constraints on rivers used for cooling the power plants.
Fortum selects Westinghouse to study an AP1000 reactor in Finland
The preliminary agreement launches planning and site assessment for a tailored AP1000 reactor, following two years of feasibility study, and enlists Westinghouse and Hyundai to support Fortum’s regional nuclear expansion.
United States: Unprecedented firing of nuclear regulator sparks intense controversy
Donald Trump's unprecedented decision to dismiss Christopher Hanson, a member of the NRC, provokes outrage among former federal officials and raises concerns over the regulatory independence of the U.S. nuclear sector.
Uranium Energy Corp acquires 170 million shares of Anfield Energy Inc.
Uranium Energy Corp strengthens its position in Anfield Energy Inc., now holding approximately 32.4% of the company’s shares following an investment of CAD19.55mn ($14.82mn), significantly expanding its strategic influence in the uranium market.
New York launches major nuclear project to secure its energy supply
New York State plans an advanced nuclear power plant with a 1-gigawatt capacity to meet long-term energy and economic goals, involving significant investment to enhance regional energy independence.
Orano challenges Niger’s decision to nationalize mining company SOMAÏR
Niger announces its intention to nationalize SOMAÏR, a mining company jointly owned with Orano, provoking strong opposition from the French company and paving the way for further international legal tensions.
Russia and Mali Sign Trade Agreements and Target Nuclear Energy
Russia strengthens its economic presence in Mali with new agreements, notably in nuclear energy and gold refining, consolidating strategic cooperation within a rapidly evolving geopolitical context.
United States releases additional $100 mn to restart Palisades Nuclear Plant
The US government grants a fourth payment of $100.45 mn to Holtec International to restart the Palisades Nuclear Plant, pending regulatory approval, marking an unprecedented event in the United States.
EDF secures £4.5 billion from Apollo to finance Hinkley Point C
EDF announces a major agreement with Apollo to raise up to £4.5 billion via bonds to finance the British nuclear project Hinkley Point C, whose costs continue to rise significantly.
France: Anne-Isabelle Étienvre Proposed by Élysée to Head the CEA
The Élysée proposes Anne-Isabelle Étienvre, current Director of Fundamental Research at the CEA, as General Administrator to replace François Jacq, recently appointed President of CNES.
Greece Considers Modular Reactors to Decarbonize its Maritime Industry
Greek Prime Minister Kyriakos Mitsotakis has announced his country's interest in small modular nuclear reactors to meet national energy challenges and decarbonize the maritime sector within the next fifteen years.
TerraPower raises $650 million with NVIDIA for modular reactors
TerraPower, an American nuclear company, secures $650 million funding from investors, including NVIDIA, to develop its Natrium modular reactors in the United States and internationally.
EDF and the French State Agree on €70 Billion Plan for EPR2
EDF and the French state finalize a €70 billion financing plan for six EPR2 nuclear reactors, including a specific territorial coordination framework in Gravelines led by Michel Marbaix, awaiting European approval by 2026.
Newcleo and Nextchem launch joint venture focused on modular nuclear reactors
Maire S.p.A and Newcleo form strategic partnership to industrialise the development of 200 MW modular nuclear power plants, via a joint venture majority-owned by Nextchem.
Four European organisations join forces to develop innovative nuclear reactor
A new European consortium launches the design of a small lead-cooled modular reactor, targeting global commercialisation by 2039, with a demonstration scheduled as early as 2035.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS