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    Renewable Energy Investment In India Poised To See A Rise

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    The EU Green Deal Industrial Plan For Clean Energy Tech

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    Annual US Renewables Investment Expected To Grow Rapidly

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    US Authorities Seek To Reduce Regulations On Offshore Wind

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    Refiners Should Not Be Making Above Normal Profits- Biden

    Refiners Should Not Be Making Above Normal Profits- Biden

    Cluster of Businesses Want The EU To Improve Energy Security

    Cluster of Businesses Want The EU To Improve Energy Security

    Enel plans to expand power distribution business into US

    In A Move To Avert Blackouts Australia Halts Power Market

    Central American Development Bank commits $800 million toward the fuel relief effort

    Central American Development Bank commits $800 million toward the fuel relief effort

    A New 500-MW Supercritical Coal-Fired Power Plant Going into Operationa in Philippines

    EU Reduces Plans of Fossil-Fueled Electricity By One-Third

    BP to invest up to £18 billion in UK energy system by 2030

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    United Kingdom Onshore Wind Generation Has Now Reached 37GW

    ABO Wind connects first wind farm in Poland

    US Authorities Seek To Reduce Regulations On Offshore Wind

    Europe’s latest wind offshore auction mainly using non-price criteria is a success

    Italy's Innovatec targets EUR 100m in revenue from new solar business

    Italy’s Innovatec targets EUR 100m in revenue from new solar business

    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    SPI Energy Develops Utility Scale Solar Project in Maryland

    Lightsource BP pioneers UK's first night-time solar service

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South Korea Offers To Push Nuclear Reactor Strive of Turkey

in News, Nuclear Power

According to the Yonhap News Agency, the Korea Electric Power Corporation (Kepco) revealed recently that it has approached the Turkish government to propose the building of four reactors with a total power output of 5.6 GW.

The declaration followed a meeting on January 30, 2023, between Kepco’s CEO, Cheong Seung-il, and Turkey’s Energy Minister, Fatih Donmez.

As per a press release from Kepco, Cheong and Donmez addressed the commercial terms under which a potential plant would operate, how long it would take to build it, and where it might be located.

The release said that Kepco plans to submit a preliminary proposal to conduct a project feasibility study jointly with Turkey, which is expected to derive the optimal business promotion plan.

The two parties have been in talks for some time regarding this particular proposal, which is estimated to be worth $33 billion. Apparently, the Turkish government requested a proposal from Kepco in December last year.

The idea is part of Korea’s concerted drive to broaden export markets for its infrastructure and engineering firms.

Kepco is attempting to leverage its effective execution of the Barakah nuclear power plant in the UAE to persuade other countries to choose the APR1400 reactor. The company claims to be the only one to have finished a plant on time and that too within budget.

Turkey is currently growing its nuclear sector. It is well to be noted that Russia is now building four VVER-1200 reactors at Akkuyu on its Mediterranean coast, and another Russian construction is being proposed on the Black Sea coast.

A joint venture between France’s Framatome and Japan’s Mitsubishi Heavy Industries, as well as American nuclear engineer Westinghouse with China’s State Nuclear Power Technology Corporation, is also contending for a portion of future nuclear facilities.

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