Hyundai Engineering & Construction said on the 12th that it hosted the "Finland-Sweden new nuclear power plant construction symposium" with U.S. nuclear power corporations Westinghouse at the headquarters of Business Finland (a trade and investment promotion agency under the Finnish government) in Helsinki, Finland, over two days on the 10th and 11th (local time).
The event was organized to introduce the technologies held by Hyundai Engineering & Construction and Westinghouse and to share the two companies' strategies for promoting global nuclear power projects.
Attendees included Chief Executive Officer Lee Han-woo of Hyundai Engineering & Construction and Joel Eacker, senior vice president of Westinghouse, as well as Harri Mäki-Reinikka, Finland's ambassador at large; Kim Jeong-ha, South Korea's ambassador to Finland; and Howard Brodie, U.S. ambassador to Finland, along with government officials and representatives from more than 100 Nordic nuclear-related institutions and industries.
Hyundai Engineering & Construction and Westinghouse, which signed a design contract for the large Kozloduy nuclear power plant in Bulgaria and opened the door to nuclear plant construction in Europe, launched a technical feasibility study last year for a new nuclear power project in Slovenia. They have since accelerated business expansion in Europe, including signing an early works agreement (EWA) for nuclear plant construction with state-owned energy corporations Fortum.
In particular, the symposium drew strong interest from the local industry as it introduced the progress and execution strategies of the AP1000 nuclear power project, for which early works have begun in the Nordic region, as well as cooperation opportunities in key equipment and service areas.
In opening remarks, Chief Executive Officer Lee Han-woo of Hyundai Engineering & Construction said, "Hyundai Engineering & Construction's accumulated experience in nuclear plant construction around the world and its engineering, procurement and construction (EPC) capabilities, together with Westinghouse's global nuclear technology, will greatly contribute to the energy transition of Nordic countries and the stable supply of electricity," adding, "We hope this symposium will be the starting point for long-term cooperation that creates tangible value for the industries and local communities of Nordic countries, including Finland and Sweden."