South Korea Passes ‘SMR Special Act’ With Aim Of Becoming Global Leader In Technology

New committee to decide on key matters governing rapid rollout of additional nuclear capacity

South Korea Passes ‘SMR Special Act’ With Aim Of Becoming Global Leader In Technology
South Korea has 26 nuclear units in commercial operation and two, Saeul-3 and Saeul-4, under construction. Courtesy KHNP.

South Korea’s Ministry of Science and Information and Communication Technology has passed a special small modular reactor (SMR) development act in the National Assembly as the country aims to catch up with others in the SMR race.

The ministry confirmed the news on its website. It said that until now South Korea had focused on developing large-scale nuclear plants, while other countries such as the US and UK had already enacted laws to support the growth of SMRs.

Under the new legislation, the ministry said it would establish an SMR development plan and implementation plan, which it would update every five years and which would cover SMR development goals, R&D and promotion strategies and financing.

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