Energy & Power
Bruce Power and Korea Hydro and Nuclear sign MoU
By Anthony Capkun
April 28, 2015 – Bruce Power and Korea Hydro & Nuclear Power (KHNP) have entered into a Memorandum of Understanding (MoU) to explore new areas of collaboration, “with a particular focus on enhancing nuclear safety, operational performance and execution of large projects such as refurbishment”.
The agreement was signed in Seoul as part of a nuclear trade mission to South Korea led by the nuclear industry and Ontario government.
“New partnership opportunities help Ontario and Korea advance our broader objectives and find innovative solutions to provide clean, reliable, affordable electricity,” said Bob Chiarelli, Ontario’s energy minister.
The two organizations currently share best practices and information through a range of industry forums, explains Bruce Power, including the CANDU Owners Group and the World Association of Nuclear Operators (WANO). Bruce Power and KHNP will work to complete a Technical Assistance Agreement by the end of 2015 that will provide a long-term framework for sharing in key areas of CANDU operations and refurbishment activities.
Some of MoU’s objectives include:
• Sharing lessons learned, information and future strategies related to the operations and successful refurbishment of CANDU units.
• Facilitation of benchmarking trips, meetings and joint projects between the two operators on a range of elements to the operation and life extension of CANDU facilities.
• Sharing approaches and strategies for communicating openly with the public, and share information on the safe, reliable operations from CANDU reactors.