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Korea Utilities & Nuclear EPC Korea nuclear update: DOE conditionally commits $17.5bn loan for AP1000 construction

Published: 2026-07-03Institution: JPMorganPages: 18Original language: 英语Evidence page: 4

Research evidence excerpt

Korea Utilities & Nuclear EPC Korea nuclear update: DOE conditionally commits $17.5bn loan for AP1000 construction

opment agreement with Rwanda's nuclear energy commission

Rwanda to deploy SMR-300 reactors with a potential capacity of up to ~5GW, with Hyundai E&C named n/a

as the EPC partner in Holtec's integrated delivery model.

Kairos Power broke ground on its Hermes 2 demonstration plant in Oak Ridge,

Tennessee, the first power-producing Gen IV reactor to receive a US NRC construction

Kairos US Operation targeted in 2030

permit, which will supply up to 50 MW of electricity to the TVA grid under a 2024

agreement with Google.

TerraPower officially began construction on its 345MWe Natrium plant, Kemmerer Unit

1, in Wyoming, with completion expected by 2030 under the DOE's Advanced Reactor

Terrapower US Completion targeted for 2030

Demonstration Program. Meta announced in January plans to fund up to eight Natrium

units totaling 2.8 GW by 2035.

The US and Japan have announced a second tranche of Japanese investments

that includes ~$40bn for GVH to build SMR power plants in Tennessee and

US Alabama The US Nuclear Regulatory Commission has accepted and is reviewing Tennessee Operation targeted for early 2030s

Valley Authority’s (TVA) application to construct the first BWRX-300 in the US at the utility’s

GE Hitachi Clinch River site in Oak Ridge, Tennessee.

The first BWRX-300 is currently under construction at Ontario Power Generation's Darlington site

Canada Operation targeted for 2030

in Canada.

Lithuania signed an MOU with Poland’s SGE, Altra, and GE Hitachi to assess the 300 MWe

Lithuania Operations targeted in 2038

BWRX‑300’s technical, licensing, and economic feasibility

UK decided to provide regulatory justification for the Rolls‑Royce SMR design - the first small

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