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Reactor Race: South Korea’s Nuclear Export Successes and Challenges
Published May 21, 2013
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South Korea hopes to become a major exporter of nuclear plants. Its success in building up its domestic nuclear industry, winning a $20.4 billion contract to build four nuclear power plants in the United Arab Emirates (UAE), building Jordan’s first research reactor, and providing training programs and best practices to nuclear newcomer states indicates that established vendors should take this determination seriously. If South Korea draws the right lessons from its experience with the UAE and builds upon its competitive advantages in the international nuclear energy market—low cost, high credibility, high performance, strong political backing, attractive financing, and U.S technology at a low cost—it could record similar success in the future.

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