US, South Korea agree $120bn framework for eight nuclear reactors
· Climate · United States · South Korea
The US Department of Commerce outlined a USD120 billion framework agreement to build six Westinghouse AP1000 units and two South Korean APR1400 units in the United States. The deal would mark a large expansion of US nuclear construction capacity.
Why it matters:If it proceeds, the framework would signal a new phase of nuclear capacity build-out in a major market and deepen US-Korean supply chain ties, shaping equipment orders and global reactor competition for years.
Key points
- Six Westinghouse AP1000 units and two APR1400 units are planned.
- The framework was outlined by the US Department of Commerce.
- Total value is put at USD120 billion.
Sources (original reporting)
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