South Korea: Growing Importance in Global Nuclear Landscape

South Korea has swiftly grown from an importer of nuclear technology and materials to a valued manufacturer and exporter of nuclear power plants. The country’s localization strategy has yielded favorable results making it almost self reliant in nuclear power industry. Success at home has boosted its confidence in nuclear exports. Today South Korea has proven nuclear reactor technology in terms of cost competitiveness, improved safety features, increased lifespan and reduced construction times. In late 2009, the country made its entry into the list of nuclear exporters by clinching a high value contract to construct four nuclear reactors in the United Arab Emirates (UAE). It now intends to secure $400 billion of contracts by 2030. It has amended several of its laws and decrees to control the export of nuclear commodities in line with international standards. The country is eying to secure several deals for building nuclear reactors by deepening economic relations and signing nuclear cooperation agreements with different countries. It is also providing necessary diplomatic support to local players for promoting export of nuclear technology and material.

Scope

The report focuses on South Korea's various initiatives towards nuclear power technology export

Specifies the nuclear deals signed by South Korea with different countries

Discusses about South Korea's economic developments with other countries

Reasons to buy

Understand the various efforts taken by South Korea in becoming global nuclear power

Facilitate investment decision-making based on the country's nuclear development plans

Understand various government initiatives supporting nuclear power development and technology export

Table of Contents

1 Table of Contents............................................................. 1

1.1 List of Tables ............................................................. 1

1.2 List of Figures ............................................................ 1

2 Summary ......................................................................... 1

3 South Korea - Growing Importance ...

1 Table of Contents............................................................. 1

1.1 List of Tables ............................................................. 1

1.2 List of Figures ............................................................ 1

2 Summary ......................................................................... 1

3 South Korea - Growing Importance in Global Nuclear

Landscape....................................................................... 1

3.1 Success at Home and Proven Nuclear Capability to

Help South Korea’s Nuclear Exports........................... 2

3.1.1 Domestic Success in Nuclear Power Boosting

South Korea’s Confidence in Nuclear Power and

Its Exports......................................................... 2

3.1.2 South Korea’s Proven Technology for Nuclear

Reactors are a Huge Attraction for Newcomers .. 2

3.1.3 South Korea’s Established Organizational

Structure to Promote Nuclear Power Exports...... 2

3.1.4 South Korea Focusing on Education and Training

to Attain Self-Reliance....................................... 3

3.2 South Korea Intending to Secure High Nuclear Power

Export........................................................................ 4

3.2.1 South Korea is Providing Necessary Diplomatic

Support for Nuclear Exports............................... 5

3.2.2 South Korea is Eying Nuclear Cooperation

Agreements to Trigger Nuclear Deals................. 5

3.2.3 South Korea is Developing a Better Relationship

with Various Nations to Promote Nuclear Exports8

4 Appendix........................................................................ 11

4.1 Sources ................................................................... 11

4.2 Abbreviations........................................................... 11

4.3 Methodology............................................................ 11

4.3.1 Coverage........................................................ 12

4.3.2 Secondary Research....................................... 12

4.3.3 Primary Research............................................ 12

4.3.4 Modeling and Forecasting................................ 12

4.4 Contact Us............................................................... 12

4.5 Disclaimer................................................................ 12

List of Tables

Table 1: Abbreviations ...................................................... 11

Table 1: Abbreviations ...................................................... 11

List of Figures

1.2 List of Figures

Figure 1: South Korea, Organizational Structure for Nuclear

Power, 2012.......................................................... 3

Figure 2: South Korea, Organizational Structure for Overseas

Nuclear ...

1.2 List of Figures

Figure 1: South Korea, Organizational Structure for Nuclear

Power, 2012.......................................................... 3

Figure 2: South Korea, Organizational Structure for Overseas

Nuclear Power Projects, 2012................................ 3

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