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Reactor race : South Korea’s nuclear export successes and challenges

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  • Reactor race
  • Kane, Chen; Pomper, Miles A.
  • Korea Economic Institute of America


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Title Reactor race
Similar Titles
Sub Title

South Korea’s nuclear export successes and challenges

Material Type Articles
Author(English)

Kane, Chen; Pomper, Miles A.

Publisher

[Washington, D.C.]:Korea Economic Institute of America

Date 2014
Journal Title; Vol./Issue Academic Paper Series: On Korea:vol. 7
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Trade
Industry and Technology < Energy
Holding Korea Economic Institute of America

Abstract

South Korea hopes to become a major exporter of nuclear plants. Its success in building up its domestic nuclear industry, winning a $20.4 billion contract to build four nuclear power plants in the United Arab Emirates (UAE), building Jordan’s first research reactor, and providing training programs and best practices to nuclear newcomer states indicates that established vendors should take this determination seriously. If South Korea draws the right lessons from its experience with the UAE and builds upon its competitive advantages in the international nuclear energy market—low cost, high credibility, high performance, strong political backing, attractive financing, and U.S technology at a low cost—it could record similar success in the future.