한국수력원자력

Building bridges Powering tomorrow, A Cornerstone of Our Nuclear Alliance. 2024.9.10 The opening ceremony of North America Business Center, Washington DC

KHNP HOT NEWS _ 2024.09.23. KHNP Partners With Czechia For Clean Hydrogen Business In Europe - MOU signed for clean hydrogen business support and information exchange - Korea Hydro & Nuclear Power (KHNP; President & CEO Joo-ho Whang) is taking a new leap to enter the clean hydrogen business in the European market by joining hands with Czech Hydrogen Technology Platform (HYTEP). KHNP signed a memorandum of understanding (MOU) with HYTEP for nuclear clean hydrogen technology development and information exchange for business cooperation at the Korea-Czech Industry & Energy Technology Cooperation Forum held in Prague, Czechia on September 20 (local time). According to the MOU, KHNP and HYTEP plan to strengthen their competitiveness in the global clean hydrogen market by actively cooperating in the following areas: nuclear clean hydrogen technology development and business cooperation, technology development and business support in other hydrogen fields (e.g., fuel cells); and improvement of hydrogen policy and regulations and information exchange (e.g., forums, seminars). In particular, with the common goal of global clean energy transition, they agreed to closely cooperate in building clean hydrogen infrastructure and developing hydrogen technology in Europe. HYTEP, established in 2007, is an institution that leads research and projects related to the establishment of Czechia's national hydrogen strategies. KHNP held a hydrogen cooperation forum and business consultation meeting in Prague, Czechia in April, and is strengthening global cooperation by hosting an international clean hydrogen forum at BEXCO in Busan in September. Along with this, KHNP plans to fully enter the European clean hydrogen business based on its technological capabilities and business capacities accumulated in Korea. This cooperation is expected to be an important turning point in Korea and Czechia leading the clean hydrogen business. Both institutions will strengthen cooperation with the goal of reducing carbon emissions and building a sustainable energy supply chain, and plan to seek innovative and practical changes by jointly hosting various international events such as the International Clean Hydrogen Forum on the occasion of this MOU. Young-gon Kong, Head of KHNP's H2 & Smart Business Department said, "This cooperation will be an opportunity for our country to gain global competitiveness in the clean hydrogen industry. Based on the hydrogen-related technology and passion we have built up in Korea, we will do our best to achieve the best results in the European market in cooperation with Czechia." #KHNP #Czechia #MOU #CleanHydrogen #BusinessInEurope #hydrogen #HYTEP #cooperation #Europeanmarket 

KHNP HOT NEWS _ 2024.09.26 KHNP Successfully Implements Digital Twin of Korean MMIS for APR1400 - Simulation of all processes from power plant construction to operation – Korea Hydro & Nuclear Power (KHNP; President & CEO Joo-ho Whang) successfully developed a digital twin of the Korean Man–Machine Interface System (MMIS) for the Advanced Power Reactor 1400 (APR1400) after four years of research (Apr. 2020–Sep. 2024). A digital twin is a convergence technology that creates a twin of a real object in virtual space and synchronizes real-world data to solve real-world problems. In particular, the MMIS digital twin is characterized by implementing the safety and non-safety system controllers of nuclear power plants identical to actual equipment through full virtualization, which is more advanced than existing object-based twins. Using this newly developed technology, it is possible to perform simulation of all processes from power plant construction to operation becomes possible. In the power plant construction phase, design verification can be performed, and in the operation phase, it can be of a great help in performing root cause analysis when events such as failures occur. For example, when utilizing MMIS digital twin, various scenarios possible in a power plant can be simulated to test various control systems, and problem-solving ability and maintenance efficiency can be improved through smart engineering functions, real-time monitoring of controllers, and data analysis functions. This Korean MMIS digital twin technology is expected to greatly contribute to the reliability and safety of nuclear power generation. On the 26th of September, KHNP completed the construction of its Innovative MMIS Center (IMC) at KHNP Central Research Institute, equipped with MMIS digital twin virtualization facilities. In particular, this center is expected to contribute as an advance base for the MMIS digital twin simulator included in the Czech new nuclear power plant construction project, for which KHNP has been selected as the preferred bidder. Director Ho-cheol Shin of KHNP Research Institute said, “Our Korean MMIS digital twin for APR1400 will further enhance the safety of nuclear power plants, and it is expected to also further increase our export competitiveness.” #KHNP #MMIS #DigitalTwin #nuclear #APR1400 #digitaltwintechnology #IMC

KHNP HOT NEWS _ 2024.09.12. KHNP Strengthens Korea-US Nuclear Cooperation - Signing agreement with the US think tank and holding workshop on Korea-US nuclear cooperation - Korea Hydro & Nuclear Power (KHNP; President & CEO Joo-ho Whang) signed a partnership agreement with the Atlantic Council, a US think tank, in Washington D.C. on the 11th (local time). According to the agreement, the two organizations agreed to collaborate on the theme of addressing Korea-US nuclear cooperation for the next three years. Established in 1961, the Atlantic Council is a nonpartisan organization that galvanizes US leadership and engagement in the world, in partnership with allies and partners, to shape solutions to global challenges. In particular, immediately after signing the agreement on this day, KHNP and the Atlantic Council held a workshop on Korea-US nuclear cooperation, the role of the industry, and nuclear innovation, announcing the start of cooperation activities. KHNP President & CEO Joo-Ho Whang said in his keynote speech, “We are pleased to be able to cooperate in the nuclear field with the Atlantic Council, a prominent US think tank with high interest and outstanding expertise in energy and nuclear power,” adding, “We believe this workshop can be the first step in forming a shared understanding on the necessity and importance of Korea-US nuclear cooperation and setting goals and directions to move forward together.” In the following workshop, discussions by nuclear experts from both countries were held. Think tank experts such as Daniel B. Poneman (the Atlantic Council) and George David Banks (Capital City Ventures) shared discourse on Korea-US nuclear cooperation. In the panel discussion, nuclear industry experts including Irfan Ali (CSO, ARC Clean Energy), Yong-Soo Hwang (Professor of Special Affairs, KINGS), and Sean Oehlbert (VP, Centrus Energy) gathered to continue deeper discussions on the role of the industry for Korea-US nuclear cooperation and energy innovation. KHNP plans to strengthen nuclear cooperation between the two countries through various exchange activities with the Atlantic Council in the future. ✅️ To learn more about this : https://lnkd.in/gR5qpNSm #KHNP #Strengthens #Cooperation #NuclearCooperation #USthinktank #AtlanticCouncil #collaborate #partnership #agreement #nuclear

KHNP HOT NEWS _ 2024.09.11. KHNP Opens North America Business Center in Washington, D.C. - "The Center will serve as a close communication channel for nuclear cooperation between Korea and the U.S." - Korea Hydro & Nuclear Power (KHNP), led by President Jooho Whang, held an opening ceremony for its North America Business Center in Washington, D.C., on the 10th (local time). The event was attended by key figures from the nuclear industry, academia, and major think tanks from both Korea and the U.S., who gathered to celebrate the opening of the new center. KHNP originally established the Washington D.C. Center in the Virginia area in 2013 to handle tasks related to the standard design certification by the U.S. Nuclear Regulatory Commission (NRC). Due to the increasing need for enhanced nuclear cooperation between Korea and the U.S., the center has been relocated to the heart of Washington, D.C., and rebranded as the North America Business Center. Moving forward, the center is expected to offer industrial support for deepening nuclear cooperation between the two countries. Additionally, the event provided an opportunity to express gratitude to the U.S. nuclear industry for its contribution to the development of Korea's nuclear power sector. James Komosinski, a veteran of the U.S. nuclear industry who was directly involved in early Korean nuclear projects like Kori and Yeongkwang, was invited to the event and received a plaque of appreciation. KHNP CEO Whang stated, "The Center, as an industry leader, is expected to play a central role in achieving mutual interests and shared prosperity in the nuclear sector between the two countries." He also emphasized that the nuclear industries of both nations will continue to closely cooperate in areas such as non-proliferation and the peaceful use of nuclear energy. #KHNP #NorthAmericaBusinessCenter #opening #nuclearcooperation #NuclearRegulatoryCommission #NRC #nuclear #nuclearindustry

KHNP HOT NEWS _ 2024.09.11. KHNP Signs a Term Sheet with Centrus to Strengthen Nuclear Fuel Supply Korea Hydro & Nuclear Power Co. (KHNP), led by CEO Jooho Whang, signed a Term Sheet with Centrus Energy Corp. (Centrus), a U.S.-based nuclear fuel and services supplier, on September 9th in Washington D.C. to ensure stable nuclear fuel supply. A Term Sheet is a document that outlines key terms such as the contract duration, supply volume, and price before entering into a legally binding agreement. Based on the Letter of Intent (LOI) signed in February 2024, KHNP and Centrus agreed on the key terms of the long-term supply agreement from the new US enrichment production facility, expected to start construction in next few years. When a definite agreement is signed based on this Term Sheet, KHNP will improve long-term fuel supply stability by diversifying suppliers of enriched uranium used as nuclear fuel. Additionally, KHNP expects to strengthen nuclear cooperation between Korea and the United States by establishing strategic relationships with Centrus, which is working to re-establish a robust uranium enrichment capacity in the United States. Centrus is the only company in the United States to have obtained a production license from the U.S. Nuclear Regulatory Commission for high-assay low-enriched uranium (HALEU), which is used as fuel for advanced reactors and small modular reactors (SMRs). In November 2023, Centrus succeeded in the initial production of 20 kilograms of HALEU at its facility in Piketon, Ohio. Centrus has now entered Phase2 of its contract with the U.S. Department of Energy which includes an annual production rate of 900kgU of HALEU. As a result of cooperation with Centrus, KHNP has opened the possibility of securing fuel for future reactors as well as for existing commercial reactors. “KHNP welcomes the opportunity to deepen our partnership with Centrus and the United States,” said Jooho Whang, President and CEO of KHNP. “New production from Centrus will help bringing greater stability, supply diversity and price competition to global nuclear fuel market, supporting the long-term growth of carbon-free nuclear energy in Korea and around the world.” <End> #KHNP #NuclearFuelSupply #Centrus #NuclearFuel #LOI #LetterofIntent #uranium #partnership #nuclear

KHNP HOT NEWS _ 2024.09.04. KHNP Launches International Collaborative Research to Promote Commercialization of Modular Construction Method for NPPs  - Promoting national research project on SC structure to secure super-gap competitiveness in NPP construction - Korea Hydro & Nuclear Power (KHNP; President & CEO Joo-ho Whang) is set to put its modular construction method for nuclear power plants (NPPs) into practice. For this purpose, KHNP held an international workshop at the Ramada Hotel in Jeju on the 4th in collaboration with KEPCO, the Korean Society of Steel Construction, the Korea Electric Association, Purdue University in the U.S. and the Steel Construction Institute in UK. The international collaborative research project was selected as a national research project by the Ministry of Trade, Industry and Energy and will be carried out for three years until 2027. KHNP plans to develop technologies related to steel-plate concrete (SC) structure, which would replace the reinforcing bar and formwork of existing reinforced concrete structures with steel plates, through international collaborative research for the commercialization of modular construction methods. The SC structure is a method that not only demonstrates excellent performance but also significantly shortens the construction time as it can be modularized in the factory and installed on site, thereby attracting attention from the global NPP construction industry. Through this research, KHNP plans to apply the SC structure to the Shin-Hanul Unit 3 and 4 construction projects and innovative small modular reactors (i-SMRs). As the SC structure is expected to be applied to overseas advanced SMRs around the world, the commercialization of the SC structure through this research is expected to contribute significantly to securing competitiveness in the next-generation NPP construction market. Meanwhile, current status of research on modularization methods for NPPs, construction applied cases, and plans for the development of practical technologies were introduced at the workshop. “Through this research, we will bring energy to the technology development in the structural field of NPP construction and will be a quantum leap in construction technology in cooperation with international research institutes,” said Il-kyung Choi, The executive vice president of KHNP's Construction Project Division. <End> #KHNP #ModularConstructionMethod #internationalworkshop #NPPconstruction #nuclearpowerplant #modularization

KHNP HOT NEWS _ 2024.08.23. KHNP Launches i-SMR-Based SSNC Control and Simulator Centers with the MOTIE Korea Hydro & Nuclear Power (KHNP; President & CEO Jooho Whang) held a launching ceremony for the i-SMR SSNC Control and Simulator Centers on Friday, August 23 at KHNP’s Central Research Institute in Daejeon. * Smart Net-Zero City (SSNC, i-SMR Smart Net-zero City) is a future-oriented, energy self-sufficient city that supplies clean energy to urban areas using i-SMR in conjunction with renewable energy sources. The Control Center is an integrated platform facility that leverages advanced technologies such as AI and ICT for the operation of SSNC. The Simulator Center is designed to validate the optimal design and operational suitability of i-SMR, which serves various purposes, including assessing three-person operation suitability, human factors evaluation, and training for operators. The ceremony was attended by over 70 participants, including the 2nd Vice Minister Nam-ho Choe of the Ministry of Trade, Industry, and Energy (MOTIE), Sang-hyup Kim, Chair of the Presidential Commission on Carbon Neutrality and Green Growth, as well as key representatives from industry, academia, and local municipalities. Technological demonstrations were performed at the event, including SSNC’s optimal energy operation, an SSNC city model experience, and global i-SMR technology support.  The 2nd Vice Minister Choe stated at the ceremony, “The launching of the i-SMR SSNC Control and Simulator Centers marks a significant step towards the development of a future-oriented energy city for carbon neutrality. Moving forward, the government will provide unwavering policy support to ensure that SMR technology improves Korea’s energy self-sufficiency and becomes a foundation for overseas exports.” #KHNP #MOTIE #iSMR #SSNC #SSNCControlandSimulatorCenter #SmartNetZeroCity #ControlCenter #InnovativeSmallModularReactor

KHNP HOT NEWS _ 2024.08.30. KHNP Engages with the International Geological Industry - Participates in the International Geological Congress and  promotes seismic safety for nuclear power plant - Korea Hydro & Nuclear Power (KHNP; President & CEO Joo-ho Whang ) participated in the 2024 Busan International Geological Congress (IGC) to strengthen cooperation with the international geological industry. Known as the Olympics of geological science, the IGC is one of the world’s largest academic events. Since its inception in Paris, France in 1878, the event has been held every four years, rotating across continents. The 37th IGC took place from August 25 to 31 at BEXCO in Busan, attracting around 6,000 geological scientists from over 120 countries. At this year’s IGC, KHNP presented various topics related to the geological science field, including the preparedness of seismic activity in Korea’s nuclear power plants, and shared insights on seismic hazard analysis methods in Korea. In addition, KHNP participated exhibition programs related to the seismic safety of nuclear power plant sites, thereby contributing to the successful hosting of the IGC. KHNP CEO Whang said, “KHNP have closely cooperated with the geological science community to thoroughly prepare for natural disasters such as earthquakes. Moving forward, we will continue to strengthen communication with academia to ensure the safety of our nuclear power plants.” <End> #KHNP #nuclearpowerplant #seismicsafety #geologicalscientist #InternationalGeologicalIndustry #IGC #Olympicsofgeologicalscience

KHNP HOT NEWS _ 2024.07.25. KHNP attended the Kick-off Meeting to negotiate the contract for the New Nuclear Power Plant in the Czech Republic - The company aims to sign the contract by March next year through an extensive negotiation process. In addition to the project owner, meetings were held with the Czech Government, industry, and local community. - #KHNP #Czech #CzechRepublic #Nuclear #Dukovany #NewNuclearPowerPlant #KickoffMeeting #preferredbidder