Singapore targets SMRs as South Korea formalises nuclear ties
This agreement marks the first civil nuclear power pact between these two nations.
The Energy Market Authority of Singapore (EMA) and Korea Hydro & Nuclear Power (KHNP) signed their first Memorandum of Understanding (MoU) on civil nuclear energy capability building in Small Modular Reactors (SMRs).
The agreement formalises civil nuclear energy cooperation between the two and establishes a framework for collaboration.
The key areas of cooperation will include conducting joint studies of SMRs, human resource development and training, and sharing of technical information and best practices in the field.
The MoU was signed by KHNP Acting President & CEO Daewook Chun and EMA Chief Executive Puah Kok Keong during the Korea-Singapore Summit last 1 March.
KHNP is a government-owned enterprise under the Korea Electric Power Corporation (KEPCO).