Urgent.News

600+ sources. One page. See who else covered it.

Editions

World

Korea unveils 7 tech projects for securing future growth engines

The government on Wednesday announced key projects to nurture advanced technologies in seven sectors, including renewable energy and space science, as part of broader efforts to seek new growth engines. The projects are part of the "strategic emerging engines for disruptive innovation," or SEED, initiative announced during a policy briefing at Cheong Wa Dae by the Ministry of Science and ICT and…

Korea unveils 7 tech projects for securing future growth engines

The Korean government has unveiled seven technology projects aimed at securing future growth engines, as part of the Strategic Emerging Engines for Disruptive Innovation (SEED) initiative. This initiative, announced at a policy briefing by the Ministry of Science and ICT and the Ministry of Trade, Industry and Resources, focuses on three areas: renewable energy, frontier technologies, and an advanced supply chain ecosystem.

In the renewable energy sector, the government plans to commercialize water-cooled small modular reactors (SMRs) by 2035, with non-water-cooled SMRs set to begin construction around 2030. A special purpose company (SPC) will oversee the advanced modular reactor project, in collaboration with the private sector. Additionally, Korea aims to develop a locally produced nuclear fusion reactor by 2035, further bolstering its technological capabilities.

Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 2 other outlets

Read the original at koreatimes.co.kr →

More in World

More from Wednesday 12 August →