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Nuclear Power Stocks Surge on Hopes of US Plant Construction Deal
Electronic Technology · Electronic Equipment/Instruments · yonhap_finance · 2026-09-08
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Nuclear-related stocks rallied as reports emerged that the U.S. and South Korea are discussing a major project to build eight nuclear power plants in the U.S.
What Happened
Nuclear Construction Hopes: Expectations are rising that a significant project to build eight nuclear power plants in the U.S. will be included as a follow-up to the recent large-scale investment agreement between South Korea and the U.S. This news has triggered a strong rally in related stocks.
Market Performance: KEPCO E&C surged over 20% during intraday trading before closing 16.60% higher, while other key players like Doosan Enerbility, Hyundai E&C, and KEPCO KPS also saw notable gains. Investors reacted positively to the potential for large-scale infrastructure contracts.
Negotiation Status: According to reports from the Ministry of Trade, Industry and Energy, the U.S. side has proposed allocating a substantial portion of the investment package toward the construction of these nuclear facilities. Both nations are reportedly coordinating details, with a potential MOU signing as early as the 18th.
Future Outlook: The potential deal is viewed as a cornerstone of bilateral energy cooperation. Market participants are now closely watching for the finalization of the agreement, which could provide long-term growth opportunities for the involved Korean engineering and construction firms.