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K-energy

Based on more than 40 years of experience in various NPP projects, it has capabilities across the entire nuclear cycle from construction to operation and dismantling

During more than 40 years of continuous NPP constructions, Korea has fulfilled domestic and overseas projects rigorously by adapting diverse model types such as Engineering, Procurement, Construction (EPC) turnkey model for NPP delivery, EPC turnkey model for nuclear island delivery plus engineering of the NPP. Moreover, Korea has experience about all NPP life cycle starting from construction and operation to decommissioning.

Capabilities to Complete on Time, within Budget

The majority of the new-build nuclear projects currently being constructed around the world are being delayed in completion due to a myriad of problems, including first-of-a-kind design issues, faulty materials and equipment, construction quality defects, insufficient early stage design, failure to meet license requirement and weak project management capability. As a result, in some cases, delay has prolonged up to 9 years comparing to the initial plan that incurred huge amount of additional construct costs.

Korea has continuously conducted multiple types of NPP project in a repeated manner mostly without delay and cost overrun. In addition, current projects in UAE are successfully underway in accordance with initially contracted process in contrast to overseas NPP construction project executed by other suppliers in struggle. The prominent performance of Korea is attributable to its vast experience, sophisticatedly fabricated system as well as high -quality management skill.

In particular, Korea could achieve on-time NPP constructions through effective interface management and developments of risk minimization plan based on its long-time model experiences.

Excellent and Abundant NPP Experience and Capability

Over the long period of 40 years, Korea has robustly implemented both domestic (30units) and UAE (4 units) NPP projects. So far, it has seamlessly operated the top-notch NPPS in the world by securing diverse technology organizations and reflecting the improvements learned from its previous project operations.

In Korea, KHNP has executed NPP projects under its overall control ranged from planning, selection of applicable technology, engineering, to quality control. This is possible with continuous and intertwined coordination between KHNP and its partner companies which have ample experience and in-depth expertise as shown below:

KEPCO Engineering & Construction Co. (KEPCO E&C) NPP design and engineering

KEPCO Nuclear Fuel Company (KEPCO NF) Core design and fuel fabrication

KEPCO Plant Service & Engineering Co. (KEPCO KPS) Plant maintenance services

Doosan Heavy Industries & Construction Co. (Doosan) Major equipment supplier

Abundance of Skilled Manpower

One of the key to succeed in a project is maintaining sufficient manpower experienced in nuclear power project. In every field of nuclear power project, Korea has secured plenty of skilled experts who can readily put into a new project. The number of engineers is enough to construct as many as 14 units at the same time.

In particular, thanks to repeated NPP construction works, Korea holds a broad labor pool ranged from machinery, electricity, instrumentation/control, tube, civil to quality test that played as a great advantage for the successful i-SMR project.

Strong support from S. Korean government
to boost SMR business

i-SMR enters the SMR market, which is emerging as a game changer in the future nuclear power plant market,
and achieves nuclear technology development and industrial ecosystem activation.

i-SMR
  • 2020.12
    The government decided to promote the i-SMR technology development project through the 9th Nuclear Energy Promotion Committee
  • 2021.01
    Korea Hydro & Nuclear Power (KHNP) Initiates Conceptual Design of i-SMR
  • 2021.09
    Government and private sector apply for preliminary feasibility study of i-SMR technology development project after project planning
  • 2022.05
    Korea Institute of Science and Technology Planning and Evaluation announces the passage of preliminary feasibility study of i-SMR technology development project
  • 2023.02
    Establishment of the i-SMR Technology Development Project Group, an organization dedicated to i-SMR technology development projects