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Hyundai’s Finland Nuclear Deal Highlights Contradictions in ROK Energy Policy

Summary by koreapro.org
A new Early Works Agreement between Hyundai Engineering and Construction (Hyundai E&C) and Westinghouse Electric — a U.S.-based nuclear technology company — to pursue nuclear development in Finland places South Korea at the center of Europe’s shifting energy strategy, while also exposing widening contradictions in President Lee Jae-myung’s energy policy. Signed with Finland’s state-owned utility […] The post Hyundai’s Finland nuclear deal highli…
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[Digital Daily Reporter Daeyoung Hwang] Hyundai Engineering & Construction is making a full-fledged drive to enter the large-scale nuclear power plant market in Northern Europe following Eastern Europe. On the 19th (local time), Hyundai Engineering & Construction announced that it signed a pre-commencement agreement (EWA) for a new nuclear power plant construction project in Finland with Finnish state-owned energy company Fotum and Westinghouse…

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koreapro.org broke the news in on Tuesday, June 24, 2025.
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