Even as small nuclear reactor designs move ahead, "technical, regulatory, economic and societal acceptance" barriers need fixes to expedite full deployment of advanced technology, says a new National Academies analysis.
South Korea and the USA have signed 23 business agreements to boost bilateral cooperation on advanced industries and energy during a business partnership event in Washington. Some 45 senior corporate officials from both countries attended the.
Agreements to cooperate on small modular reactors have been signed between South Korean and US companies during a visit by Korean President Yoon Suk-yeol to the USA. Doosan Enerbility and the Export-Import Bank of Korea signed a memorandum of understanding to cooperate with NuScale Power, while SK and Korea Hydro & Nuclear Power have agreed to collaborate with TerraPower.