South Gyeongsang Province, South Korea Releases SMR Development Strategy 2.0, Sets 2035 Manufacturing Market Share Target
On September 10, 2026, South Gyeongsang Province, South Korea announced the Small Modular Reactor Global Development Strategy 2.0, proposing to build the region into the world's leading small modular reactor (SMR) production hub by 2035, and striving to capture 60% of the global SMR manufacturing market and achieve 100% self-sufficiency in related technologies. South Gyeongsang Province stated that multiple tasks included in the Small Modular Reactor Global Development Strategy 1.0 formulated last year, including promoting the enactment of a special SMR law, designating SMR as a national strategic technology, designating an SMR specialized complex, establishing a full-cycle SMR support system, and relaxing relevant regulatory requirements, have already been reflected in the South Korean government's policies. Therefore...
2026-09-13
