KEPCO Aims to Land 2nd Overseas Nuclear Power Plant Order
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KEPCO Aims to Land 2nd Overseas Nuclear Power Plant Order
President Cheong tours UK and Turkey to win nuclear power plant projects

25(Sat), Feb, 2023




President Cheong Seung-il of Korea Electric Power Corp. (KEPCO) shakes hands with Fatih Dönmez, Turkish Minister of Energy and Natural Resources on Jan. 30 after they met to discuss KEPCO’s ways of participating in nuclear power projects in Turkey. (Photos: KEPCO)


President Cheong Seung-il of Korea Electric Power Corp. (KEPCO) made a sales tour to the United Kingdom to try to land a nuclear power plant order, following a similar visit to Turkey. 

KEPCO President Cheong toured the United Kingdom from Jan. 31 to Feb. 1 and discussed ways of implementing a nuclear power project during his meeting with ranking officials of government, parliament and industry circles, the power company said on Feb. 2. 

Earlier, KEPCO President Cheong toured Turkey on Jan. 30, submitted a preliminary proposal on a nuclear power plant project and discussed major matters, including a procedure for the implementation of the project and business risks. 

President Cheong participated in Nuclear Week in Parliament, hosted by the UK parliament and organized by the Nuclear Industry Association (NIA). 

During the event, President Cheong shared the example of the construction of the Korean nuclear power plant APR1400 and revealed KEPCO’s determination to participate in UK’s nuclear power projects. 




KEPCO President Cheong meets with Grant Shapps, UK Secretary of State for Energy Security and Net Zero to discuss ways of cooperating in KEPCO’s participation in the nuclear power project on Jan. 31. 


Among about 100 people on hand at the event were the secretary of the Department for Business, Energy & Industrial Strategy, members of the House of Lords and the House of Commons, government and nuclear power industry officials. 

The event was designed to achieve a consensus on the expanding nuclear power plants. 

President Cheong also met with Grant Shapps, Secretary of State for Energy Security and Net Zero, and discussed ways of cooperating in KEPCO’s participation in the nuclear power project.
 
During his meeting with Secretary Shapps, President Cheong said, “The Barakah Nuclear Power Plant in the United Arab Emirates has been successfully carried out by complying to construction period and budget.” Cheong asked for the UK government to offer their full support. 

President Cheong also met with Virginia Crosbie, hailing from Wylfa, one of new nuclear power plant site candidates, Bryony Worthington, a Crossbench member of the House of Lords, and Sir John Whittingdale, Prime Ministers Trade Envoy to Korea and demanded parliament side’s support. 

President Cheong had meetings with Sama Bilbao Leon, Director General of World Nuclear Association, NIA CEO Tom Greatrex and other UK nuclear power industry officials, KEPCO said. 

President Cheong said, “UK was a first country that operated a commercial nuclear reactor in 1956, and if we export nuclear power to UK, it will be a great symbolic feat of exporting to the birthplace of nuclear power.” KEPCO will do its utmost to achieve the government’s goal of exporting 10 nuclear power units, he said. 

Meanwhile, President Cheong toured Turkey on Jan. 30 and met with Fatih Dönmez, Turkish Minister of Energy and Natural Resources to discuss KEPCO’s ways of participating in nuclear power projects there. 

Cheong’s tour to Turkey followed a ceremony to inaugurate the UAE’s 3rd nuclear power unit in which he accompanied President Yoon Suk-yeol on a visit to the Middle Eastern country. 

   
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