Korea Hydro & Nuclear Power (KHNP) Archives | Be Korea-savvy
Behind the “Unfair Settlement”: The U.S. Ruling That Tied Korea’s Nuclear Exports to Washington

Behind the “Unfair Settlement”: The U.S. Ruling That Tied Korea’s Nuclear Exports to Washington

South Korea’s Nuclear Export Deal with Westinghouse Sparked by U.S. Ruling on Reactor Technology Origins SEOUL, Oct. 20 (Korea Bizwire) — The South Korean government’s controversial settlement with U.S. firm Westinghouse over nuclear technology rights was driven by a 2024 decision from the U.S. Department of Energy (DOE) declaring that Korea’s APR1400 reactor design contains American-origin [...]

Korean Nuclear Deal With Westinghouse Sparks Concerns Over Costly Concessions

Korean Nuclear Deal With Westinghouse Sparks Concerns Over Costly Concessions

SEOUL, Aug. 19 (Korea Bizwire) — A $26 billion nuclear power contract won by South Korean firms in the Czech Republic is drawing scrutiny after revelations that Korea Hydro & Nuclear Power (KHNP) and Korea Electric Power Corp. (KEPCO) signed a sweeping agreement with Westinghouse Electric that could bind Seoul’s industry to decades of costly obligations. [...]