Government Targets SMR Commercialization by 2035
The government will launch a large-scale project to foster seven advanced technologies, including small modular reactors (SMRs), quantum computers, and aerospace, as national growth engines for the next 10 to 20 years. The move reflects a recognition that the super-gap strategy centered on existing
The South Korean government has unveiled plans to invest in seven advanced technologies, with a particular focus on small modular reactors (SMRs), quantum computers, and aerospace as key growth engines for the nation over the next 10 to 20 years. The initiative, announced on August 12 at the "Future Growth Engine 7 SEED Report Meeting," aims to diversify the economy beyond its traditional flagship industries and build a foundation for next-generation industries through long-term investment in cutting-edge technologies.
SMRs and nuclear fusion are the core pillars in the energy sector, with the government targeting commercialization of light-water SMRs in Gijang County, Busan, by 2035 and construction of non-light-water models in the 2030s.
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