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Korea Hydro & Nuclear Power

company 1 Deal 2 Partners

Korea Hydro & Nuclear Power (KHNP) is a leading state-owned utility in South Korea, primarily responsible for the generation of electricity through nuclear and hydroelectric power. The company is actively expanding its domestic and international footprint by developing new nuclear power plants, pursuing renewable energy projects, and exploring advanced technologies like small modular reactors (SMRs) and green hydrogen.

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Founded 2001 12,000 employees Parent: Korea Electric Power Corporation (KEPCO)
Utility (Power Generation)DeveloperOperatorEPC Contractor

Strategic Overview

  • Aggressive international expansion strategy for nuclear power technology, particularly in Eastern Europe and the Middle East.
  • Focus on developing advanced nuclear technologies, including Small Modular Reactors (SMRs).
  • Commitment to diversifying its energy portfolio with renewable energy sources and hydrogen production, alongside its core nuclear and hydro operations.

Deal Activity from Public Sources

KHNP submitted its final bid for the construction of new nuclear power units at the Dukovany and Temelin sites in the Czech Republic.
Development Nuclear Power Czech Republic November 2023 with ČEZ
KHNP signed a Letter of Intent with Polish state-owned companies ZE PAK and PGE for the development of a nuclear power plant in Patnow, Poland.
Joint Venture Nuclear Power Poland October 2022 with ZE PAK
KHNP signed a contract to supply turbine island components for the El Dabaa Nuclear Power Plant in Egypt.
Epc Contractor Nuclear Power Egypt August 2022 with Atomstroyexport
KHNP signed a Memorandum of Understanding (MoU) with Societatea Nationala Nuclearelectrica (SNN) for cooperation on the Cernavoda Nuclear Power Plant Unit 1 refurbishment project.
Partnership Nuclear Power Romania June 2023 with Societatea Nationala Nuclearelectrica (SNN)

Investment Focus

Technologies
Nuclear1
Geography
Philippines1

Key People

Hwang Joo-ho
President & CEO

Track Record

25,800
MW Total
23
Years Active
Notable projects: Barakah Nuclear Power Plant (UAE), Shin Hanul Nuclear Power Plant (South Korea), Wolsong Nuclear Power Plant (South Korea)

Detailed Analysis

Technologies
Nuclear PowerHydropowerSolar PVOnshore WindOffshore WindFuel CellsBattery StorageGreen HydrogenSmall Modular Reactors (SMRs)
Geographies
South KoreaUnited Arab EmiratesCzech Republic (1 deal)Poland (1 deal)Egypt (1 deal)Romania (1 deal)United KingdomSaudi ArabiaCanada
Deal Stage
DevelopmentConstructionOperation
Track Korea Hydro & Nuclear Power