(From left) President Yoon Suk Yeol, Trade Minister Ahn Duk-geun, Czech Trade Minister Jozef Sikela and Czech Prime Minister Petr Fiala pose for a photograph throughout an MOU signing ceremony on the sidelines of Yoon’s go to to Doosan Skoda Energy headquarters in Plzen, Czech Republic, Friday. (Yonhap)
PRAGUE — The governments, state-run companies and private-sector corporations of South Korea and the Czech Republic signed 13 memoranda of understanding to staff up with each other for your complete course of and supply of the nuclear energy unit building venture.
Based on the presidential workplace, these paperwork will enable South Korean and Czech entities to collaborate on the preconstruction, building and postconstruction levels of nuclear energy models, if a bunch of South Korean companies clinch nuclear export offers with the Czech Republic as scheduled in March 2025.
Beneath the signed paperwork, the 2 nations will provide and localize gear associated to newly constructed nuclear power models within the Czech Republic. They will even work collectively to design and test-run the models, develop nuclear fuels, eliminate radioactive waste, prepare nuclear energy technicians, and share data and know-how associated to nuclear power.
These paperwork had been signed as President Yoon Suk Yeol and Czech Prime Minister Petr Fiala visited the headquarters of energy station gear maker Doosan Skoda Energy in Plzen, about 84 kilometers southwest of Prague, the Czech capital. Doosan Skoda Energy is totally owned by South Korean engineering agency Doosan Enerbility.
President Yoon Suk Yeol (left) and Czech Prime Minister Petr Fiala shake arms throughout Yoon’s go to to Doosan Skoda Energy headquarters in Plzen, Czech Republic, Friday. (Yonhap)
The Trade Ministries of the 2 nations additionally agreed to foster cooperation in all levels of the nuclear energy venture supply by means of one of many MOUs.
Corporations taking part within the signing ceremony included state-run Korea Hydro and Nuclear Energy, Doosan Enerbility, Daewoo Engineering and Building, Kepco Engineering and Building, Kepco Plant Service and Engineering, amongst others.
The Czech Republic’s Armatury Group, Doosan Skoda Energy, BAEST Machines and Buildings, Sudop Praha, Reko Praha and TES Vsetin additionally participated within the signing.
From educational circles, South Korea’s Kepco Worldwide Nuclear Graduate College and Korea Institute of Vitality Know-how Analysis and Planning, in addition to the Czech Republic’s Brno College of Know-how and the College of West Bohemia took half within the MOU signing.
The paperwork signed Friday will herald a “nuclear power renaissance,” Yoon mentioned throughout his go to to Doosan Skoda Energy’s facility.
Yoon additionally touted nuclear power as a method to reaching a secure provide of electrical energy, carbon neutrality and power safety to make sure entry to inexpensive power to guard important infrastructure.
“We’re killing three birds with one stone,” Yoon mentioned,
Fiala mentioned in his speech that nuclear power has turn out to be the first supply of electrical energy, saying the nation has gone by means of all crucial legislative steps to introduce new energy crops
Fiala additionally anticipated a boon for the Czech financial system, ought to the mandate of getting Czech entities account for 60 p.c of all corporations collaborating within the venture show profitable.
A South Korean consortium led by the KHNP in July turned the popular bidder for the nuclear energy venture to construct two 1,000-megawatt models in Dukovany, Czech Republic.
President Yoon Suk Yeol (third from left, entrance row), Czech President Petr Pavel (fourth from left, entrance fow) clap arms throughout a enterprise discussion board held in Prague, Czech Republic, Friday. (Yonhap)
Earlier than his go to to Plzen, Yoon mentioned in a enterprise discussion board attended by some 470 contributors Friday that the MOUs will set up the groundwork for cooperation in “all phases of the formation of a nuclear power ecosystem” from nuclear plant building to know-how cooperation and manpower coaching.
He added that the nuclear power cooperation will open the doorways to cooperation in different areas comparable to electrical automobiles, robots and high-speed trains
