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Vietnam and Russia Join Forces to Accelerate Nuclear Science and Technology Research Center Project

On the afternoon of July 30, Vietnamese Minister of Science and Technology Vu Hai Quan received a delegation led by Ilja Vergizajev, General Director of Rosatom Construction Technology Co., Ltd., a subsidiary of Russia's State Atomic Energy Corporation (Rosatom), in Hanoi. During the meeting, the Vietnamese side put forward three specific requests: accelerating the construction of the Vietnam Nuclear Science and Technology Research Center (CNST); supporting Vietnam in gradually mastering small modular reactor (SMR) technologies; and training human resources for Vietnam in the fields of atomic energy, radiation, and nuclear safety. Both sides confirmed that nuclear cooperation holds strategic significance and has long been a focus of high-level attention between the two countries. The CNST has been defined by the Vietnamese side as a...

2026-07-31

Japan Atomic Industrial Forum Chairman: Overseas SMR Projects Help Sustain Supply Chain, but Japan Still Needs to Build New Nuclear Plants

Hideki Masui, Chairman of the Japan Atomic Industrial Forum (JAIF), stated on May 31 that Japanese companies are playing a significant role in global small modular reactor (SMR) projects through design and equipment supply, but the long-term maintenance and development of Japan's nuclear technology base ultimately requires the construction of new nuclear power plants domestically. At a regular press conference, Masui reviewed international developments in the SMR field. He noted that approximately 30 countries currently use nuclear energy, and about 20 countries are studying the deployment of SMRs in some form. Projects involving Japanese companies include GE Vernova Hitachi Nuclear Energy's BWRX-300 and NuScale Power's VOYGR SMR, whi...

2026-06-06

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

EDF plans to bring in investors for Nuward small modular reactor project by end of 2026

French utility EDF said on July 30 that it plans to bring in investors for its Nuward small modular reactor project by the end of 2026. The company stated that the related financing arrangements will be centered around European customers and industrial partners to support the development of a batch of initial reactors better aligned with user needs. Small modular reactors have not yet entered large-scale commercial production, but multiple companies worldwide are advancing the deployment of related technologies. Supporters believe that compared with traditional large nuclear power units, small modular reactors offer greater flexibility in deployment methods, application scenarios, and low-carbon energy supply. EDF is a state-owned French power company operating 57...

2026-07-31

Nuclear power companies in Gyeongsangnam-do, South Korea, selected for SMR advanced manufacturing technology project

Gyeongsangnam-do, South Korea, announced on the 30th that local nuclear power companies and research institutions have all been selected in a government project solicitation, and will participate in developing three key technologies to shorten the manufacturing cycle of Small Modular Reactors (SMRs). This project is organized and solicited by the Ministry of Climate, Energy and Environment of South Korea and the Korea Institute of Energy Technology Evaluation and Planning (KETEP), with a focus on innovative SMR manufacturing technologies. These technologies are considered helpful in improving the manufacturing efficiency of key reactor components and compressing production cycles. According to the arrangement, Doosan Enerbility...

2026-07-31

McDermott Signs Agreement with ULC-Energy to Support Rolls-Royce SMR Development in the Netherlands

McDermott and ULC-Energy announced on July 29 that they have signed a cooperation agreement to jointly support the development of the Rolls-Royce Small Modular Reactor (Rolls-Royce SMR) project, with a primary focus on the Dutch market. Under the agreement, the collaboration will center on the coupling of small modular reactors with energy-intensive industrial processes, exploring the application of nuclear energy in industrial energy systems. McDermott will leverage its engineering experience in energy transition and industrial decarbonization, covering areas such as low-carbon hydrogen and ammonia, sustainable aviation fuel (SAF), and carbon capture and utilization (CCU); ULC-Energy will provide capabilities in nuclear project development.

2026-07-30

SK Innovation Proposes LNG and Small Modular Reactor Cooperation in Vietnam

South Korea's SK Innovation has proposed a phased energy cooperation plan for Vietnam, initially using liquefied natural gas (LNG) power generation to ensure electricity supply, and later expanding to next-generation nuclear energy technologies such as small modular reactors (SMRs), in response to growing electricity demand driven by Vietnam's artificial intelligence and high-tech industry development. On July 29, SK Innovation announced that its CEO, Choo Hyeong-wook, visited Vietnam from the 16th to the 17th and met with officials from the Ministry of Industry and Trade, Vietnam Oil and Gas Group (PVN), and its power generation subsidiary, PetroVietnam Power Corporation (PV Power), to discuss cooperation in the energy and high-tech sectors. According to SK Innovation's...

2026-07-30

Bill Gates May Visit South Korea Next Month, Advanced Nuclear Energy and AI Cooperation Expected to Be on Agenda

Industry insiders revealed on July 29 that Bill Gates, co-founder of Microsoft and chairman of the Gates Foundation, plans to visit South Korea as early as next month and has requested a meeting with South Korean Prime Minister Han Duck-soo's office. Currently, both sides are coordinating the meeting time and agenda, with the specific visit date and meeting arrangements yet to be confirmed. If the visit proceeds, it will be Gates' second engagement with South Korea on advanced industrial cooperation following his trip last year. In August last year, Gates visited South Korea, focusing on discussing cooperation plans in areas such as artificial intelligence and next-generation small modular reactors (SMRs). During the visit, Gates also...

2026-07-30

Romanian National Nuclear Power Company Responds to Review Comments on the Doicești SMR Project

SN Nuclearelectrica SA (SNN) responded on July 28 to the content involving the Doicești Small Modular Reactor (SMR) project in the summary of a report by the Romanian Prime Minister's supervisory body. The company stated that strategic nuclear energy projects should be comprehensively evaluated based on technological maturity, economic conditions, and regulatory requirements. Such projects remain in a complex development phase, with schedules and plans subject to updates as engineering, licensing, and technical verification work progresses. SNN noted that the initial development plan for the Doicești SMR project was based on information available at the project's launch, with an estimated timeline jointly developed with technology partners NuScale and Fluor (...

2026-07-29

South Korean Study Quantifies Social Benefits of SMR R&D: Five-Year Present Value Estimated at Approximately 459.7 Billion Won

On the 22nd, Changwon National University in South Korea announced that a team led by Professor Lee Joo-yong of the Department of Industrial Systems Engineering (Technology Management Research Laboratory) had completed a quantitative assessment of the soc

2026-07-23

Vietnam and Japan Plan to Strengthen Cooperation on Small Modular Reactor Technology Research

On the afternoon of July 22, Le Xuan Dinh, Deputy Minister of Science and Technology of Vietnam, met with a delegation led by Kiyoki Soramoto, President and CEO of the International Energy and Technology Development Support Organization (IETDSO). During t

2026-07-23