Korea-US $120 Billion Nuclear Deal: A New Era in Global Energy Cooperation
September 13, 2026
Korea and the United States are negotiating a potential $120 billion project to build eight nuclear reactors in the United States, with at least two of the units adopting Korea's APR1400 design, signaling a new chapter in Korea–US economic and energy cooperation.
The strategy emphasizes training a new workforce, deploying experienced personnel, and delivering the project on time and on budget to prove Korea’s competitiveness in the U.S. market.
If successful, the project would provide stable, reasonably priced power in the U.S., help Korean firms expand in the U.S. and other global nuclear markets, and symbolize triple-win economic, strategic, and technological cooperation for both nations.
For Korean reactors to succeed in the U.S., Seoul must reform its domestic nuclear sector by modernizing export-oriented structures, reorganizing overseas supply chains, relaxing procurement rules for state-owned enterprises, and rebuilding workforce capacity after post–nuclear phase-out declines.
Korean officials view the deal as a path to expanding Korea’s nuclear industry and accessing a larger market, aligning with U.S. expansion goals as Washington seeks to grow nuclear capacity toward a 2050 target of 400 GW.
Securing Korean reactors for the U.S. market would mark a historic milestone, 68 years after Korea enacted its Atomic Energy Act in 1958, reflecting strong government support and industry collaboration.
U.S. needs rapid power expansion for AI-driven industries, while Westinghouse prefers the AP1000 design and Korea advocates the APR1400, making diplomatic alignment crucial to move the project forward.
The agreement could help resolve intellectual property restrictions with Westinghouse, potentially enabling broader cooperation and a mutually beneficial nuclear business model between Korea and the United States.
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Seoul Economic Daily • Sep 13, 2026
Korean Reactors in U.S. Mark New Chapter in Economic Alliance