Resource-circulation energy corporations DS Dansuk said on the 12th that it signed a memorandum of understanding (MOU) with Nasdaq-listed next-generation reactor developer "Nano Nuclear Energy (NNE)" for the domestic introduction of micro-modular reactors (MMRs) and strategic cooperation.
Through this agreement, DS Dansuk and NNE will build a cooperative framework for the development and commercialization of MMR technology and, based on that, seek commercialization opportunities in the domestic market. MMRs are easier to install and have higher safety than large reactors, drawing attention as a next-generation energy source.
Under the agreement, the two sides set as a core goal the discovery of an MMR-based business model applicable to Korean industrial sites and will establish a cooperative framework across commercialization, including ▲ technology review ▲ cooperation on licensing and permits ▲ supply-chain linkage. They will also review the phased introduction of MMRs in line with changes in the domestic regulatory environment.
This agreement is being evaluated as a case of cooperation between global corporations holding original MMR technology and domestic corporations with energy industry networks and manufacturing capabilities. In particular, DS Dansuk will be in charge of execution and plans to flesh out its "One Factory, One MMR" vision, which applies one MMR to one plant.
Han Seung-uk, chair of DS Dansuk, said, "This agreement with the unrivaled Nano Nuclear Energy in next-generation reactor technology will be an important turning point in implementing DS Dansuk's carbon-neutral solutions," adding, "Following the establishment of a cooperative framework with the Central Research Institute of Korea Hydro & Nuclear Power Co. (KHNP) and the Korea Institute of Energy Technology last year, we will combine global nuclear power technology to gradually expand a carbon-free energy system based on MMRs."