Nuclear energy technology is advancing through a strategic collaboration between ARC Clean Technology and Korea Hydro & Nuclear Power (KHNP), with the two organizations working to accelerate the deployment of fourth-generation small modular reactors (SMRs).
During a recent meeting in Seoul, the companies reinforced their commitment to developing the ARC-100, a 100-megawatt sodium-cooled fast reactor designed for electricity generation and industrial heat applications. The technology is currently being developed in partnership with New Brunswick Power at the Point Lepreau site in Canada.
The collaboration represents a significant step in modernizing nuclear energy infrastructure. The ARC-100 reactor offers a modular design that could provide more flexible and potentially safer nuclear power solutions compared to traditional large-scale nuclear facilities.
KHNP's CEO, Dr. Jooho Whang, emphasized the strategic importance of the partnership, stating that the ARC-100 is among the most advanced fourth-generation SMR technologies approaching commercialization. The collaboration aims to secure future growth opportunities in the nuclear industry and establish a competitive global market position.
Donald Wolf, CEO of ARC Clean Technology, highlighted the complementary expertise of KHNP, noting the potential for international expansion of their reactor technology. The partnership builds on a previous trilateral agreement between ARC, KHNP, and New Brunswick Power, which established a framework for joint work on reactor deployment.
This collaboration signals an important trend in nuclear energy development, focusing on smaller, more adaptable reactor designs that could play a crucial role in supporting clean energy transitions worldwide.
