{"id":16729,"date":"2026-10-01T14:08:37","date_gmt":"2026-10-01T11:08:37","guid":{"rendered":""},"modified":"2026-10-01T14:08:37","modified_gmt":"2026-10-01T11:08:37","slug":"south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants","status":"publish","type":"post","link":"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/","title":{"rendered":"South Korea plans $120B spend on eight US nuclear power plants"},"content":{"rendered":"

South Korea will spend $120 billion to construct eight nuclear power plants in the US under an agreement that provides for $350 billion in investments in exchange for lower tariffs.<\/p>\n

The South Korean government also announced that Seoul and Washington will begin examining a liquefied natural gas (LNG) project in Alaska comprising a large-scale pipeline to transport natural gas from the north of the state to the south, alongside the construction of an LNG terminal for exports overseas.<\/p>\n

Seoul stated<\/a><\/span> that a decision regarding the LNG project will be made following a commercial feasibility study. However, US President Donald Trump said that South Korea would invest $54 billion in the project, pointing to an apparent lack of full coordination between the two sides on the matter.<\/p>\n

Trade and Industry Minister Kim Jung-kwan said in a statement: “This announcement opens a new horizon of cooperation where the two countries join forces to develop joint commercial ventures in strategic areas directly linked to economic security and future sectors such as artificial intelligence, nuclear energy, and LNG.”<\/p>\n

“We will adhere to the principle of prioritising national interests and investing solely in commercially viable projects,” Kim said.<\/p>\n

Speaking at the White House, Trump characterised South Korea’s plans as “one of the largest energy infrastructure investments in American history”.<\/p>\n

The announcement followed a meeting between Trump and South Korean President Lee Jae Myung roughly one year ago at the APEC Economic Leaders’ Meeting held in South Korea, where they agreed on the creation of a $350 billion investment fund.<\/p>\n

Under that agreement, $150 billion was allocated to the shipbuilding sector and $200 billion to other sectors. In return, the US announced it would reduce tariffs imposed on goods imported from South Korea from 25% to 15%.<\/p>\n

Under the nuclear power project, South Korea’s state-controlled utility will build two plants in the US, while Pennsylvania-based Westinghouse Electric will construct six plants.<\/p>\n

According to the South Korean government, this will mark the first instance in which a foreign country builds its own nuclear power plants in the US.<\/p>\n

South Korean firms are also evaluating the possibility of acquiring a stake in Westinghouse as part of negotiations over sharing profits generated by the project.<\/p>\n

South Korea additionally announced that it will build a $22.3 billion natural gas-fired power plant in Texas with a capacity of 6,472 megawatts.<\/p>\n

The facility will be designed to supply electricity directly to nearby data centres. The project’s first phase is targeted to begin commercial operations in 2029, with full-capacity operations slated for 2032.<\/p>\n

Seoul also disclosed that it had agreed to allow the US to receive 50% of the profits generated by the projects until South Korea recoups all of its investments.<\/p>\n

After South Korea fully recovers its total investment amount, 90% of the profits will go to the US.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

South Korea will spend $120 billion to construct eight nuclear power plants in the US under an agreement that provides for $350 billion in investments in exchange for lower tariffs. The South Korean government also announced that Seoul and Washington will begin examining a liquefied natural gas (LNG) project in Alaska comprising a large-scale pipeline […]<\/p>\n","protected":false},"author":1,"featured_media":16730,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[4],"tags":[22227,873,6605,19033,319,6457,9015,19843,7689,2338,4288,8254,22228,8322,1194,2360,3046,821,22226],"class_list":["post-16729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia","tag-alaska-pipeline","tag-apec","tag-bilateral-trade","tag-data-centres","tag-donald-trump","tag-energy-infrastructure","tag-investment-fund","tag-kim-jung-kwan","tag-lee-jae-myung","tag-lng","tag-natural-gas","tag-nuclear-power-plants","tag-profit-sharing-agreement","tag-shipbuilding","tag-south-korea","tag-tariffs","tag-texas","tag-us","tag-westinghouse-electric"],"yoast_head":"\nSouth Korea plans $120B spend on eight US nuclear power plants - Harici<\/title>\n<meta name=\"description\" content=\"South Korea will spend $120B to build eight nuclear plants in the US under a broad deal securing tariff relief from Washington.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korea plans $120B spend on eight US nuclear power plants - Harici\" \/>\n<meta property=\"og:description\" content=\"South Korea will spend $120B to build eight nuclear plants in the US under a broad deal securing tariff relief from Washington.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/\" \/>\n<meta property=\"og:site_name\" content=\"Harici\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/haricitr\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-01T11:08:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/harici.com.tr\/en\/wp-content\/uploads\/2026\/10\/Lee-Trump.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1560\" \/>\n\t<meta property=\"og:image:height\" content=\"878\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Harici.com.tr\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@haricitr\" \/>\n<meta name=\"twitter:site\" content=\"@haricitr\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Harici.com.tr\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/\"},\"author\":{\"name\":\"Harici.com.tr\",\"@id\":\"https:\/\/harici.com.tr\/en\/#\/schema\/person\/45047d1e0be7e8c266daed68de2cf7aa\"},\"headline\":\"South Korea plans $120B spend on eight US nuclear power plants\",\"datePublished\":\"2026-10-01T11:08:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/\"},\"wordCount\":467,\"publisher\":{\"@id\":\"https:\/\/harici.com.tr\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/harici.com.tr\/en\/wp-content\/uploads\/2026\/10\/Lee-Trump.jpg\",\"keywords\":[\"Alaska pipeline\",\"APEC\",\"bilateral trade\",\"data centres\",\"Donald Trump\",\"energy infrastructure\",\"investment fund\",\"Kim Jung-kwan\",\"Lee Jae-myung\",\"LNG\",\"natural gas\",\"nuclear power plants\",\"profit-sharing agreement\",\"shipbuilding\",\"South Korea\",\"tariffs\",\"Texas\",\"US\",\"Westinghouse Electric\"],\"articleSection\":[\"Asia\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/\",\"url\":\"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/\",\"name\":\"South Korea plans $120B spend on eight US nuclear power plants - Harici\",\"isPartOf\":{\"@id\":\"https:\/\/harici.com.tr\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/harici.com.tr\/en\/wp-content\/uploads\/2026\/10\/Lee-Trump.jpg\",\"datePublished\":\"2026-10-01T11:08:37+00:00\",\"description\":\"South Korea will spend $120B to build eight nuclear plants in the US under a broad deal securing tariff relief from Washington.\",\"breadcrumb\":{\"@id\":\"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/#primaryimage\",\"url\":\"https:\/\/harici.com.tr\/en\/wp-content\/uploads\/2026\/10\/Lee-Trump.jpg\",\"contentUrl\":\"https:\/\/harici.com.tr\/en\/wp-content\/uploads\/2026\/10\/Lee-Trump.jpg\",\"width\":1560,\"height\":878},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/harici.com.tr\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"South Korea plans $120B spend on eight US nuclear power plants\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/harici.com.tr\/en\/#website\",\"url\":\"https:\/\/harici.com.tr\/en\/\",\"name\":\"Harici\",\"description\":\"Tracing The Changing World\",\"publisher\":{\"@id\":\"https:\/\/harici.com.tr\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/harici.com.tr\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/harici.com.tr\/en\/#organization\",\"name\":\"Harici\",\"url\":\"https:\/\/harici.com.tr\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/harici.com.tr\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/harici.com.tr\/en\/wp-content\/uploads\/2022\/07\/harici_admin_logo_compress.webp\",\"contentUrl\":\"https:\/\/harici.com.tr\/en\/wp-content\/uploads\/2022\/07\/harici_admin_logo_compress.webp\",\"width\":280,\"height\":286,\"caption\":\"Harici\"},\"image\":{\"@id\":\"https:\/\/harici.com.tr\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/haricitr\",\"https:\/\/x.com\/haricitr\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/harici.com.tr\/en\/#\/schema\/person\/45047d1e0be7e8c266daed68de2cf7aa\",\"name\":\"Harici.com.tr\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/harici.com.tr\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ede4c0daa2de13cfbd3201e07844b7a0e9c17ad41edea7a38546f494810d8cc8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ede4c0daa2de13cfbd3201e07844b7a0e9c17ad41edea7a38546f494810d8cc8?s=96&d=mm&r=g\",\"caption\":\"Harici.com.tr\"},\"sameAs\":[\"http:\/\/harici.com.tr\"],\"url\":\"https:\/\/harici.com.tr\/en\/author\/hariciadmin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"South Korea plans $120B spend on eight US nuclear power plants - Harici","description":"South Korea will spend $120B to build eight nuclear plants in the US under a broad deal securing tariff relief from Washington.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/","og_locale":"en_US","og_type":"article","og_title":"South Korea plans $120B spend on eight US nuclear power plants - Harici","og_description":"South Korea will spend $120B to build eight nuclear plants in the US under a broad deal securing tariff relief from Washington.","og_url":"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/","og_site_name":"Harici","article_publisher":"https:\/\/www.facebook.com\/haricitr","article_published_time":"2026-10-01T11:08:37+00:00","og_image":[{"width":1560,"height":878,"url":"https:\/\/harici.com.tr\/en\/wp-content\/uploads\/2026\/10\/Lee-Trump.jpg","type":"image\/jpeg"}],"author":"Harici.com.tr","twitter_card":"summary_large_image","twitter_creator":"@haricitr","twitter_site":"@haricitr","twitter_misc":{"Written by":"Harici.com.tr","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/#article","isPartOf":{"@id":"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/"},"author":{"name":"Harici.com.tr","@id":"https:\/\/harici.com.tr\/en\/#\/schema\/person\/45047d1e0be7e8c266daed68de2cf7aa"},"headline":"South Korea plans $120B spend on eight US nuclear power plants","datePublished":"2026-10-01T11:08:37+00:00","mainEntityOfPage":{"@id":"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/"},"wordCount":467,"publisher":{"@id":"https:\/\/harici.com.tr\/en\/#organization"},"image":{"@id":"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/#primaryimage"},"thumbnailUrl":"https:\/\/harici.com.tr\/en\/wp-content\/uploads\/2026\/10\/Lee-Trump.jpg","keywords":["Alaska pipeline","APEC","bilateral trade","data centres","Donald Trump","energy infrastructure","investment fund","Kim Jung-kwan","Lee Jae-myung","LNG","natural gas","nuclear power plants","profit-sharing agreement","shipbuilding","South Korea","tariffs","Texas","US","Westinghouse Electric"],"articleSection":["Asia"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/","url":"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/","name":"South Korea plans $120B spend on eight US nuclear power plants - Harici","isPartOf":{"@id":"https:\/\/harici.com.tr\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/#primaryimage"},"image":{"@id":"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/#primaryimage"},"thumbnailUrl":"https:\/\/harici.com.tr\/en\/wp-content\/uploads\/2026\/10\/Lee-Trump.jpg","datePublished":"2026-10-01T11:08:37+00:00","description":"South Korea will spend $120B to build eight nuclear plants in the US under a broad deal securing tariff relief from Washington.","breadcrumb":{"@id":"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/#primaryimage","url":"https:\/\/harici.com.tr\/en\/wp-content\/uploads\/2026\/10\/Lee-Trump.jpg","contentUrl":"https:\/\/harici.com.tr\/en\/wp-content\/uploads\/2026\/10\/Lee-Trump.jpg","width":1560,"height":878},{"@type":"BreadcrumbList","@id":"https:\/\/harici.com.tr\/en\/south-korea-plans-120b-spend-on-eight-us-nuclear-power-plants\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/harici.com.tr\/en\/"},{"@type":"ListItem","position":2,"name":"South Korea plans $120B spend on eight US nuclear power plants"}]},{"@type":"WebSite","@id":"https:\/\/harici.com.tr\/en\/#website","url":"https:\/\/harici.com.tr\/en\/","name":"Harici","description":"Tracing The Changing World","publisher":{"@id":"https:\/\/harici.com.tr\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/harici.com.tr\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/harici.com.tr\/en\/#organization","name":"Harici","url":"https:\/\/harici.com.tr\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/harici.com.tr\/en\/#\/schema\/logo\/image\/","url":"https:\/\/harici.com.tr\/en\/wp-content\/uploads\/2022\/07\/harici_admin_logo_compress.webp","contentUrl":"https:\/\/harici.com.tr\/en\/wp-content\/uploads\/2022\/07\/harici_admin_logo_compress.webp","width":280,"height":286,"caption":"Harici"},"image":{"@id":"https:\/\/harici.com.tr\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/haricitr","https:\/\/x.com\/haricitr"]},{"@type":"Person","@id":"https:\/\/harici.com.tr\/en\/#\/schema\/person\/45047d1e0be7e8c266daed68de2cf7aa","name":"Harici.com.tr","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/harici.com.tr\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ede4c0daa2de13cfbd3201e07844b7a0e9c17ad41edea7a38546f494810d8cc8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ede4c0daa2de13cfbd3201e07844b7a0e9c17ad41edea7a38546f494810d8cc8?s=96&d=mm&r=g","caption":"Harici.com.tr"},"sameAs":["http:\/\/harici.com.tr"],"url":"https:\/\/harici.com.tr\/en\/author\/hariciadmin\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/harici.com.tr\/en\/wp-json\/wp\/v2\/posts\/16729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/harici.com.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harici.com.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harici.com.tr\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harici.com.tr\/en\/wp-json\/wp\/v2\/comments?post=16729"}],"version-history":[{"count":1,"href":"https:\/\/harici.com.tr\/en\/wp-json\/wp\/v2\/posts\/16729\/revisions"}],"predecessor-version":[{"id":16731,"href":"https:\/\/harici.com.tr\/en\/wp-json\/wp\/v2\/posts\/16729\/revisions\/16731"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/harici.com.tr\/en\/wp-json\/wp\/v2\/media\/16730"}],"wp:attachment":[{"href":"https:\/\/harici.com.tr\/en\/wp-json\/wp\/v2\/media?parent=16729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harici.com.tr\/en\/wp-json\/wp\/v2\/categories?post=16729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harici.com.tr\/en\/wp-json\/wp\/v2\/tags?post=16729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}