Korean, Czech leaders call nuclear power plant deal 'cornerstone' of economic cooperation in first call

President Lee Jae-myung held his first phone call with Czech Prime Minister Petr Fiala on Wednesday to discuss the direction of development of Korea-Czech relations, just a week after a $18.6 billion nuclear power plant deal was finalized.

2025-06-11

Korea wants to win hundreds of nuclear projects. So does everyone else.

Korea's nuclear industry aims to expand globally via the potential construction of up to 700 reactors, but it faces pricing challenges and competition from countries like France, Russia and China.

2025-05-29

Czech Republic appeals court injunction halting nuclear plant deal with Korea

The Czech Republic's energy authorities appealed a court injunction earlier this week that has temporarily blocked the signing of a multibillion-dollar nuclear power plant contract with Korea, industry sources in Seoul said Tuesday.

2025-05-20

Nuclear power becomes No. 1 energy source for Korea for first time in 2024

Nuclear power became the largest source of energy in Korea's power generation sector for the first time ever last year, data showed Sunday.

2025-05-11

$18B Czech nuclear project a windfall for Korean economy facing headwinds

The Czech nuclear power plant project secured by a Korea Hydro & Nuclear Power-led consortium, valued at 26.2 trillion won, will benefit a wide range of Korean firms.

2025-05-01

KHNP chief pursues nuclear energy partnerships with African nations

Korea Hydro & Nuclear Power (KHNP) president and CEO Whang Joo-ho stressed the importance of Korea-Africa partnership in nuclear energy during a keynote speech he delivered at the Africa Nuclear Business Platform (NBP) 2025 held in Morocco.

2025-04-24

North trying to win recognition as nuclear power, U.S. intelligence says

U.S. intelligence assessed Tuesday that North Korea is "enabling" its longstanding goals of being internationally recognized as a "nuclear power," raising concerns that the Donald Trump administration may shift its approach to Pyongyang.

2025-03-26

South Korea should become nuclear threshold state, Seoul mayor says

Seoul Mayor Oh Se-hoon on Tuesday urged South Korea to develop its own nuclear capabilities for self-defense and denuclearize when North Korea does so, insinuating that such a move is now possible due to U.S. President Donald Trump.

2025-03-11