K-Insights
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Dec 15, 2025
Gyeongsangnam-do Unveils ₩1.8 Trillion Roadmap to Become the Global Hub for SMR Manufacturing
Strategic Vision: Gyeongsangnam-do has announced a massive KRW 1.8 trillion (approx. $1.3 billion) initiative to secure 60% of the global Small Modular Reactor (SMR) manufacturing market.
Industry Drivers: The strategy addresses the surging power demands of the AI and data center era, positioning SMRs as the essential, stable, carbon-free energy solution to complement renewables.
Policy & Cooperation: The plan proposes significant government incentives, including the enactment of a Special SMR Act, and emphasizes strengthening the Korea-U.S. nuclear alliance through joint R&D and regulatory harmonization.
Oct 2, 2025
“The Launch of the Ministry of Climate, Energy and Environment in South Korea — Policy Stability and Structural Reform Are Key”
The South Korea's Ministry of Climate, Energy and Environment is a core institution for future generations
- Strengthening climate and energy policy research
- Enhancing energy industry promotion functions
- Supporting research governance is essential
