Nuclear capacity accounted for 4.3% of total power plant installations globally in 2023, according to GlobalData, with total recorded nuclear capacity of 391GW. This is expected to contribute 3.1% by the end of 2030 with capacity of installations aggregating up to 439GW. Of the total global nuclear capacity, 5.90% is in South Korea. Listed below are the five largest upcoming nuclear power plants by capacity in South Korea, according to GlobalData’s power plants database. GlobalData uses proprietary data and analytics to provide a complete picture of the global nuclear power segment. Buy the latest nuclear power plant profiles here.
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1. Shin Hanul 2 (Shin-Ulchin 2)
The Shin Hanul 2 (Shin-Ulchin 2) is a 1,400MW nuclear power project located in North Gyeongsang, South Korea. It is being developed by Korea Hydro & Nuclear Power. The project is currently in under construction stage. The project is expected to enter commercial operation in 2024. The project is owned by Korea Hydro & Nuclear Power. Buy the profile here.
2. Shin Hanul 3 (Shin-Ulchin 3)
Shin Hanul 3 (Shin-Ulchin 3) is a 1,400MW nuclear power project in North Gyeongsang, South Korea. Korea Hydro & Nuclear Power is developing this project. The project is expected to come online by 2032. The project is currently in permitting stage. It is owned by Korea Hydro & Nuclear Power. Buy the profile here.
3. Shin Hanul 4 (Shin-Ulchin 4)
The 1,400MW Shin Hanul 4 (Shin-Ulchin 4) is located in North Gyeongsang, South Korea. It is owned by Korea Hydro & Nuclear Power. The nuclear project is currently in permitting stage. The commercial operation of the project is expected in 2033. Korea Hydro & Nuclear Power is developing this project. Buy the profile here.
4. Saeul 3
The Saeul 3 is a 1,400MW nuclear power project. It is planned in Ulsan, South Korea. The project is currently in under construction stage. It will be developed by Korea Hydro & Nuclear Power. Post completion of construction, the project is expected to get commissioned by 2024. Korea Hydro & Nuclear Power is the owner of the project. Buy the profile here.
5. Saeul 4
The 1,400MW nuclear project, Saeul 4 is expected to get commissioned by 2024. It is being developed by Korea Hydro & Nuclear Power. The project is currently in under construction stage. Korea Hydro & Nuclear Power is the owner of the project. Buy the profile here.
For more details on the latest nuclear power plants, buy the project profiles here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Plants database, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide.
