Tech & Biz

S.Korea hails first nuclear reactor export

by snuffysmith | December 10, 2009 at 07:29 pm

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South Korea hails its first export of an atomic reactor, saying its deal with Jordan will spur future overseas sales of nuclear technology. Government officials said a South Korean consortium has won a deal worth about $173 Million to build a five megawatt multi-purpose reactor at the Jordan University for Sciences and Technology by 2014.

http://www.nuclearpowerdaily.com/reports/S.Korea_hails_first_nuclear_reactor_export_999.html

The consortium led by the state-run Korean Atomic Energy Research Institute was chosen as priority negotiating partner over firms from Argentina, China and Russia, said Education and Science Minister Ahn Byong-Man.

It will be the country's first export of a nuclear reactor, he said.

"We have achieved a brilliant feat in the history of our nuclear development," Ahn said, adding the deal would help South Korea become a major player in the world research reactor market.

South Korea, which operates 20 commercial reactors, has few natural energy sources and already uses nuclear power stations to provide 40 percent of its power needs.

South Korea's nuclear export is a good example of the growing international civilian nuclear business around the world.