Korea Hydro & Nuclear Power partners with U.S. firm Southern Nuclear

SEOUL, May 12 (UPI) -- Korea Hydro & Nuclear Power, or KHNP, said Tuesday it partnered with Southern Nuclear Operating Co. of the United States to enhance nuclear engineering.

The state-backed enterprise signed a memorandum of understanding at its head office in Gyeongju, around 180 miles southeast of Seoul, with the U.S. nuclear company.

Under the agreement, KHNP said, the two would expand technical exchange programs and share best practices in operating nuclear facilities.

The South Korean company noted the partnership aligns with the efforts over the past few years to shift its operations toward an engineering-based system.

"This agreement is expected to help our engineers broaden their global perspective and provide an opportunity for our engineering system to advance further," KHNP senior executive Kim Young-seung said in a statement.

"Down the road, we will do our utmost to perfect the Korean-style engineering system through close cooperation with overseas operators and international organizations," he added.

Last June, KHNP signed a deal worth at least $18 billion to build two nuclear reactors in the Czech Republic. To support the project, the company plans to collaborate with various partners both at home and abroad.

As of the end of last year, KHNP ran a total of 26 nuclear reactors in South Korea. It is also constructing four new reactors in the country. KHNP is not publicly traded.

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This story was originally published May 12, 2026 at 10:33 AM.