Korean nuclear engineer submits final bid for Czech reactor - Global Construction Review
Korean nuclear engineer submits final bid for Czech reactor - Global Construction Review
KHNP is up against French state-owned utility EDF for the project to build a 1.2GW reactor at the Dukovany nuclear power plant in the southeast of the country.
EDU II launched the tender for Korea, the US, and France in March 2022. They submitted their initial bids in November of the same year.
For its bid, KHNP has teamed up with a number of construction subsidiaries of its parent, the Korea Electric Power Corporation, as well as Daewoo Engineering & Construction.
The Korean team said it had “fully reflected” EDU II’s requirements.
Whang Joo-ho, chief executive of KHNP, said: “The Czech firm plans to pick a preferred bidder by the first half of next year and sign a contract by the end of the same year. We will make our best efforts to be selected as the power plant unit builder.”
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Related Knowledge Center: ENERGY BASICS: nuclear
Nuclear energy provides almost 20 percent of the U.S. electricity supply. Advocates have called for an expanded role for nuclear as an emissions-free fuel source. But the economics of building new reactors are daunting. In addition, lingering safety concerns are an institutionalized part of the calculation of nuclear regulation, and highly radioactive nuclear waste remains a can that public officials have been inclined to kick down the road. The Energy Information Administration projects a sharp decline in nuclear power generation over the next decade, as new nuclear plants — two are planned — are more than offset by anticipated retirements of several operating reactors.