Vietnam pushes to build nuclear reactors

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Nuclear powerVietnam, the country with the most ambitious nuclear power programme in Southeast Asia aiming to build no less than ten nuclear power plants by 2030, on September 9 has inked an agreement with South Korea for nuclear power development.

A statement said that “the two sides shared an understanding that sharing South Korea’s nuclear power development experiences and technologies would contribute to fostering Vietnam’s nuclear power industry,” and that “the two sides agreed to continue to cooperate for nuclear power development in Vietnam.”

The agreement brightens the prospects of Korean firms winning nuclear power plant contracts after Samsung, one of the companies with a nuclear power division,  has already been studying possible locations for power generation facilities.

South Korea hopes to take at least part in the construction of two of the ten planned reactors in Vietnam, producing some 1,000 megawatts each. The two-reactor projects are worth about $10 billion.

Russia, Japan, China, the US and Europe are also vying for participation. Atomstroyexport, Westinghouse, EdF, Kepco and China Guangdong Nuclear Power Group all expressed strong interest in supplying Vietnamese nuclear power plants.

Nukes in Vietnam

Source: World Nuclear Association

 

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Reading Time: 1 minute

Vietnam, the country with the most ambitious nuclear power programme in Southeast Asia aiming to build no less than ten nuclear power plants by 2030, on September 9 has inked an agreement with South Korea for nuclear power development.

Reading Time: 1 minute

Nuclear powerVietnam, the country with the most ambitious nuclear power programme in Southeast Asia aiming to build no less than ten nuclear power plants by 2030, on September 9 has inked an agreement with South Korea for nuclear power development.

A statement said that “the two sides shared an understanding that sharing South Korea’s nuclear power development experiences and technologies would contribute to fostering Vietnam’s nuclear power industry,” and that “the two sides agreed to continue to cooperate for nuclear power development in Vietnam.”

The agreement brightens the prospects of Korean firms winning nuclear power plant contracts after Samsung, one of the companies with a nuclear power division,  has already been studying possible locations for power generation facilities.

South Korea hopes to take at least part in the construction of two of the ten planned reactors in Vietnam, producing some 1,000 megawatts each. The two-reactor projects are worth about $10 billion.

Russia, Japan, China, the US and Europe are also vying for participation. Atomstroyexport, Westinghouse, EdF, Kepco and China Guangdong Nuclear Power Group all expressed strong interest in supplying Vietnamese nuclear power plants.

Nukes in Vietnam

Source: World Nuclear Association

 

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