The US-Korea bilateral partnership has long been a cornerstone of international nuclear cooperation and has far-reaching international implications. Russia dominates the nuclear reactor export market accounting for 70% of reactor exports globally with 13 projects underway or nearing completion. The project goals for the GABI-Mirae-KNA seminars are to develop cooperation strategies between the two countries
Small modular reactors (SMRs) represent the next generation of nuclear energy innovation and are 300 MW or less. Imagining SMRs as a way to generate electricity is a narrow focus; SMRs contribute a paradigm shift in heavy industry, desalination, and food production all of which are greenhouse gas intensive with current technologies. Currently, the global
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The Versatile Test Reactor (VTR) is a scientific user facility capable of performing 300MW scale, fast neutron irradiation tests and experiments which is not possible today in the United States or its allies. It will support research, development and demonstration of innovative nuclear energy technologies with a focus on fuels, materials and sensors in representative environments.
Offshore wind energy is zero-carbon electricity that is closer to population centers, with stronger and more consistent wind speeds, and where larger projects are possible. The United States has a goal to deploy 30 GW of offshore wind by 2030, but it is still a nascent industry in the United States. Deployment challenges include the
Steel is one of the top three carbon emitters in the world and is classified as a hard-to-decarbonize sector. Challengingly, steel is the single most important material for infrastructure and development. The industry needs to reduce emissions, and nuclear energy can help decarbonize steel by creating hydrogen, generating electricity, and creating very high temperatures for
There is a significant gap between the megatons of oil equivalent (Mtoe) of fossil fuels compared to non-hydro renewable energy. Renewables cannot be a replacement for fossil fuels because of the intermittent nature of the generation. Urbanization and growing population increases will increase energy demands significantly in the near future. Supply chain and demand considerations
The Korea Institute of Energy Research (KIER) is working diligently to expand hydrogen research and development in an effort to reach the Korean government’s goals of 5.26 MMt/year of hydrogen at a cost of 3000 won/kg of hydrogen by 2040. Globally, there has been a surge of investments in new hydrogen technologies. The Biden Administration
Nuclear technologies have the potential to produce hydrogen at high efficiency and capacity factors and at the scale required for deep decarbonization without the space constraints of industrial-sized renewable technologies like wind and solar. While many advanced economies are working to deploy hydrogen in an effort to decarbonize, the hydrogen generation market itself can only
