In a global energy industry driven by clean energy and emissions goals, there are a number of pathways that can be taken to address climate change. Among these pathways include climate forward energy efficiency and vehicle electrification. Climate forward energy efficiency focuses on lowering the energy demand through energy efficiency strategies to increase the number
President Biden’s visit to Asia represented a significant government level interest in cooperating with allied nations in Asia on the topics of clean energy partnership and cooperation. While the cost of nuclear technologies is relatively high, the cost of national security and energy security imperatives through nuclear energy are even higher. Given the current market
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Geopolitics and energy security changes were beginning before the Russian invasion of Ukraine, but the changes were hastened by the invasion. The global order needs to recognize that relationships with Russia are not likely to improve anytime soon. There is growing support of nuclear technology in the United States, and nuclear will need to double
In 2009, the Emirates Nuclear Energy Corporation (ENEC) awarded a $20 billion bid to the Korea Electric Power Corporation (KEPCO), and the award was also financially and geopolitically beneficial to the United States. The ROK and US should continue this momentum of collaboration. In light of Russia’s invasion of Ukraine, countries in Central and Eastern
Much of the focus of global nuclear exports has been focused on the exporting capability and the readiness of the technologies, but once all these issues are resolved, if capacity building is not a part of the solution, then customers for SMRs and ARs will not exist. Even when a customer is willing to purchase
There are a number of pressing needs for the US and Korea to cooperate on nuclear exports. First, cooperation in nuclear exports can provide an opportunity to break Russia and China’s geopolitical dominance in the nuclear export industry. Second, a cooperative effort in nuclear exports can spur a revitalization of the nuclear industries in both
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Cooperation in financing of nuclear reactor projects between the United States and South Korea will be integral to the joint efforts in exporting nuclear technologies. There are a number of global developments that have suggested that there is a renewed opportunity for nuclear in the global market including the Russia-Ukraine war, South Korea’ recent presidential
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