U.S., Japan, and South Korea Form New Nuclear Alliance to Promote Small Modular Reactors
The United States, Japan, and South Korea have established a new nuclear alliance, formalized by a cooperation agreement signed in July. This trilateral partnership aims to promote the deployment of Small Modular Reactors (SMRs) and other next-generation nuclear energy technologies. The U.S. Department of State indicated that the memorandum seeks to leverage the complementary advantages of the three nations in the civil nuclear field, fostering cooperation among their respective nuclear industries. This alliance emerges as Northeast Asia experiences a nuclear energy revival, with both Japan and South Korea prioritizing nuclear power in their energy security strategies. The collaboration is also driven by increasing global energy demand, particularly from AI hyperscalers, disruptions in fossil fuel supply chains due to geopolitical conflicts, and growing climate concerns. Nuclear energy is seen as a reliable, emissions-free power source that can operate continuously without the need for extensive energy sto...