ARC Clean Technology and Korea Hydro & Nuclear Power Advance Fourth-Generation Small Modular Reactor Collaboration
TL;DR
ARC Clean Technology and Korea Hydro & Nuclear Power met to discuss collaboration on the commercialization of the ARC-100 reactor.
The ARC-100 is a 100-megawatt Generation IV sodium-cooled fast reactor for on-grid electricity and industrial heat applications.
The partnership aims to accelerate fourth-generation SMR deployment, enhancing long-term cooperation to lead the global market in clean energy.
The ARC-100 reactor offers safe, reliable, and economical carbon-free power, supporting accelerated SMR development in the clean energy sector.
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ARC Clean Technology and Korea Hydro & Nuclear Power (KHNP) have strengthened their collaboration to advance the deployment of fourth-generation small modular reactor (SMR) technology, signaling a potentially transformative moment for clean energy infrastructure.
During a meeting in Seoul, the companies discussed advancing the ARC-100, a 100-megawatt sodium-cooled fast reactor designed for electricity generation and industrial heat applications. The reactor is being developed in partnership with New Brunswick Power and is currently pursuing licensing in Canada.
The collaboration builds on a 2023 trilateral agreement exploring fleet deployment opportunities. KHNP's involvement represents a strategic expansion of its global SMR capabilities, complementing its existing pressurized water reactor development.
KHNP CEO Dr. Jooho Whang emphasized the strategic importance of the partnership, noting the ARC-100 as a leading fourth-generation SMR technology. ARC Clean Technology CEO Donald Wolf highlighted KHNP's expertise in nuclear operations as a key asset to their international deployment strategy.
The partnership could have significant implications for clean energy transition, offering a potentially scalable, carbon-free power generation technology that addresses growing global demands for sustainable energy solutions.
Curated from 24-7 Press Release
