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South Korea — New Nuclear Plant Site Bidding Process 2026

Developer
Korea Hydro & Nuclear Power (KHNP) / South Korean Government
Capacity
3000 MWe
Last updated
5/16/2026

Project overview

Reactor type
PWR
Announced
1/1/2026
Projected operational
12/31/2038

Notes

KHNP launched a bidding process for a new nuclear power plant site in January 2026, following the Lee administration's confirmation to proceed with two new large reactors from the 11th Basic Plan. Site selection is expected by 2027. South Korea's nuclear renaissance is driven by record public support for nuclear energy demonstrated in surveys, the energy security imperative from the Iran conflict, and AI/semiconductor industry electricity demand. The new plant would host two large APR-1400 or next-generation APR+ reactors.

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