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South Korean Presidential Office: Expanding Renewable Energy Does Not Mean Abandoning Nuclear Power; New Nuclear and SMR Projects Already Decided

On July 3, Kim Woo-chang, Secretary for National AI Policy at the South Korean Presidential Office, responded on a program to external concerns over the power supply capacity of the semiconductor cluster in the Honam region, stating that the southwestern region of South Korea already possesses sufficient renewable energy conditions, with further room for expansion in the future. Kim Woo-chang said that South Korea's power generation resources are generally concentrated in the southwestern region, the Busan–Ulsan–Gyeongnam area, and the vicinity of nuclear power plants in Gangwon-do; the Seoul metropolitan area and central regions such as Chungcheong-do rely primarily on transmission networks for electricity. Therefore, locating large-scale power-consuming projects near power sources is one of the realistic options. In response to whether renewable energy alone is sufficient to support the semiconductor industry...

2026-07-03

DOE's Oak Ridge National Laboratory and REV Advance Shared Fusion Test Platform Construction

The U.S. Department of Energy (DOE)'s Oak Ridge National Laboratory (ORNL) and fusion energy consulting and investment firm Rutherford Energy Ventures (REV) have officially launched a new public-private partnership framework development effort to build shared fusion test platform infrastructure at Oak Ridge National Laboratory. The collaboration framework, named the Fusion Accelerated Scaling Leverage Alliance (FULCRA), aims to explore new design and financing models for the proposed Fulcrum test facility at Oak Ridge National Laboratory, addressing critical capability gaps identified in the DOE's Fusion Science and Technology Roadmap...

2026-07-29