Hyundai Engineering & Construction has secured priority rights for engineering, procurement, and construction (EPC) contracts for up to eight additional next-generation nuclear power plants to be pursued by U.S. nuclear company TerraPower.
Hyundai E&C announced on the 18th that CEO Han-Woo Lee and TerraPower CEO Chris Levesque signed a basic agreement for the implementation of a liquid sodium (sodium) nuclear power plant project. Under this agreement, Hyundai E&C has also secured the authority to serve as the EPC partner for up to eight follow-up sodium-cooled nuclear power plants additionally planned by TerraPower.
TerraPower is a next-generation small modular reactor (SMR) company founded by Microsoft (MS) founder Bill Gates. It possesses fourth-generation nuclear power technology based on a sodium-cooled fast reactor (SFR), which uses sodium rather than water as a coolant. The company is currently constructing the 345-megawatt (MW) “Kemmerer Unit 1” in the state of Wyoming.
Yoon Myung-jin
AI-translated with ChatGPT. Provided as is; original Korean text prevails.
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