SEOUL, Sept. 6 (Korea Bizwire) — The state-run Korea Hydro & Nuclear Power (KHNP) plans to invest US$40 million in TerraPower LLC, a U.S. small-sized nuclear reactor company founded by Bill Gates, an industry source said Friday. If formally approved by KHNP’s board, it will mark the first investment by a state-run energy firm into [...]
SEOUL, Jun. 11 (Korea Bizwire) — The state-run Korea Hydro & Nuclear Power Co. (KHNP) said Tuesday it has begun the construction of a tritium removal facility for a nuclear power plant in Romania. KHNP won the 260 billion-won (US$188 million) project last year at the Cernavoda Nuclear Power Plant, some 170 kilometers east of [...]
WASHINGTON, Sept. 19 (Korea Bizwire) – A U.S. energy firm said Tuesday it will appeal a district court’s decision earlier this week to dismiss its lawsuit filed to stop two South Korean state-run companies from exporting nuclear power plants. On Monday, the District Court for the District of Columbia rejected the complaint that Westinghouse Electric [...]
WASHINGTON, Sept. 18 (Korea Bizwire) — A U.S. district court on Monday dismissed a lawsuit that an American energy firm filed to stop two South Korean state-run companies from exporting nuclear power plants, determining it is not qualified to take the legal move. The District Court for the District of Columbia rejected the complaint that [...]
SEOUL, April 6 (Korea Bizwire) — South Korean nuclear plant operator’s application to build a nuclear power plant in the Czech Republic has been rejected by the U.S. government. Previously, U.S. nuclear energy firm Westinghouse Electric Company LLC filed a suit in the Washington, D.C. federal district court to restrict unilateral exports, saying that its technology [...]
SEOUL, March 30 (Korea Bizwire) — The Korea Hydro & Nuclear Power Corporation (KHNP) has patented a new rice farming system that can also generate solar energy. The energy company said on Thursday it has patented a simultaneous rice farming and solar energy generation system for the first time in the country, placing solar panels [...]
SEOUL, March 17 (Korea Bizwire) — North Korea is believed to be linked to a series of recent leaks of data on South Korea’s nuclear power plants, investigators said Tuesday. In December, an unidentified hacker, claiming to be an activist against nuclear power, had posted data about nuclear power plants, including their blueprints, five times [...]
SEJONG, Mar. 12 (Korea Bizwire) — A hacker who had posted inside information on South Korea’s nuclear power plants made a fresh threat Thursday, demanding money in exchange for not handing over sensitive information to third countries. Using an account under the name of the president of an anti-nuclear group in Hawaii, the hacker posted [...]
SEOUL, Dec. 28 (Korea Bizwire) – North Korea again denied its involvement in the hacking of South Korea’s nuclear power station operator Sunday, calling the allegation “a trumped-up plot against the communist country.” The state-run Korea Hydro & Nuclear Power Co. (KHNP) has suffered a series of cyber attacks that has raised safety concerns in a [...]
SEOUL, Dec.1 (Korea Bizwire) – Korea Hydro & Nuclear Power said on November 28 that it held a launching event for its “beyond-design basis accident” simulator program in preparation for nuclear reactor meltdown at its Kori Nuclear Power Plant in the southeast. The simulator program has been developed to respond to serious nuclear power plant accidents like the one [...]