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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