This photo provided by the Korea Hydro & Nuclear Power Co. (KHNP) shows a meeting in Seoul on June 19, 2025, to review the safety of the standard design of KHNP’s innovative small modular reactor model. (Yonhap)
SEOUL, June 19 (Korea Bizwire) — South Korea’s state-run Korea Hydro & Nuclear Power Co. (KHNP) said Thursday it plans to apply for standard design approval of its innovative small modular reactor (SMR) model later this year to expand the country’s foothold in the next-generation global nuclear power market.
KHNP plans to draw up the first draft of the application in a meeting with experts to be held through Friday to review the safety of its SMR model and submit the application to regulatory authorities in December, according to company officials.
SMRs, advanced nuclear reactors with a power capacity of up to 300 megawatts per unit, have been under the spotlight in recent years amid growing global demand for electricity sparked by the artificial intelligence (AI) boom and the transition to non-fossil fuel energy to tackle climate change.
KHNP, which leads South Korea’s innovative SMR development project, aims to win standard design approval of its SMR model by 2028 and commercialize it by 2035.
(Yonhap)
