Hyundai E&C and Korea Southeast Power Partner to Retrofit Coal Plants with SMRs for Clean Energy
mk.co.krHyundai Engineering & Construction signed a business agreement with Korea Southeast Power to jointly research and commercialize small modular reactors (SMRs) at existing coal-fired power plant sites. The plan involves retrofitting boilers of coal plants scheduled for phase-out with SMR technology, reusing idle infrastructure to generate carbon-free electricity. This aligns with South Korea's push to expand zero-carbon power sources while leveraging existing generation assets. The partnership will focus on technical and economic feasibility of the retrofit approach, sharing operational data and developing installation methods. Both companies aim to create a comprehensive energy plant model based on clean power. The move reflects a practical strategy to accelerate grid decarbonization without building entirely new sites, potentially reducing costs and deployment timelines for nuclear-based clean energy.
