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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. The projects span seven sectors, including renewable energy and space science, with the aim of fostering new growth engines for Korea. In the renewable energy sector, the government plans to commercialize water-cooled small modular reactors (SMRs) by 2035, with construction of non-water-cooled SMRs set to begin around 2030.

The government also aims to establish a special purpose company (SPC) in cooperation with the private sector to oversee the development of advanced modular reactors. Additionally, Korea plans to build a locally developed nuclear fusion reactor by 2035.

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.

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