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Nuclear Power Stocks Rally on Hopes of U.S. Plant Construction Deal
Electronic Technology · Electronic Components · yonhap_finance · 2026-09-08
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Shares of South Korean nuclear power companies surged on reports that a major U.S.-Korea investment deal may include the construction of eight reactors.
What Happened
Nuclear Cooperation Hopes: Expectations are rising that a large-scale U.S.-Korea investment project will include plans to build nuclear power plants in the United States. This news has triggered a broad rally in South Korean nuclear-related stocks during the trading session.
Market Performance: KEPCO E&C saw a double-digit percentage jump, while other major players like Doosan Enerbility, Hyundai E&C, and KEPCO KPS also posted significant gains. Investors are reacting positively to the potential for large-scale infrastructure contracts.
Investment Details: Reports suggest that the U.S. has proposed allocating $120 billion of a $200 billion investment package toward the construction of eight large-scale nuclear reactors. The details were reportedly discussed during recent government-party consultations.
Upcoming Milestones: The two nations are expected to finalize the details and potentially sign a Memorandum of Understanding (MOU) as early as the 18th. This development is viewed as a major catalyst for the domestic nuclear industry's global expansion.