CLAVE 1 / 4HD Hyundai is investing KRW 1.0722 trillion ($800m) to develop Small Modular Reactors (SMRs) for ships.
CLAVE 2 / 4A 15,000 TEU containership design powered by SMRs has already received Approval in Principle from ABS.
CLAVE 3 / 4The new 3 GW engine facility in Ulsan will target full-scale operations by 2028, boosting annual production to 4 GW.
CLAVE 4 / 4South Korea’s K-Moonshot initiative aims to dominate the projected 150 GW global SMR market by 2050.
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