South Korea to sell reactor to Netherlands

Leaders from South Korea and the Netherlands are meeting to discuss cooperation on nuclear energy and the export of reactors to the Netherlands.

The South Korean Ministry of Education, Science and Technology is meeting with leaders in the Netherlands to try and sell its research reactor technology, Yonhap news agency reports.

The officials are proposing a nuclear energy pact that could include collaboration in the production of radioactive isotopes and efforts by South Korea to focus on eco-friendly growth using nuclear energy to meet growing demand.

South Korea's ministry suggested research reactors have the potential to become a $7.4 billion to $18.5 billion market operating in 40 countries.

There are already 240 operational units around the world, but more than half are more than 30 years old and will need to be replaced in the next 16 years.

Related News

Quebec shatters record for electricity consumption once again

MONTREAL - Hydro Quebec says it has once again set a new record for power consumption as extreme cold grips much of the province.

An extreme cold warning has been in effect across southern Quebec since Friday morning, straining the system as Quebecers juggle staying warm and working from home.

Hydro Québec recorded consumption levels reaching 40,300 megawatts as of 8 a.m. Friday, breaking a previous record of 39,000 MW that was broken during another cold snap on Jan 11. 

The publicly owned utility is now asking Quebecers to reduce their electricity consumption as much as possible today and tomorrow, predicting earlier in…

READ MORE
Minnesota Power Northern Transmission Line

Minnesota Power energizes Great Northern Transmission Line

READ MORE

tower pylons

Powering Towards Net Zero: The UK Grid's Transformation Challenge

READ MORE

BC Hydro completes major milestone on Site C transmission line work

READ MORE

electricity

Why Canada's Energy Security Hinges on Renewables

READ MORE