[2026-09-11] Korea’s SMR Special Act Takes Effect — Can It Hit the 2035 Commercialization Target?
Korea’s SMR Special Act took effect September 11, formally targeting 2035 commercialization of light-water
small modular reactors, backed by a 2027 regulatory budget of 303 billion won.
The move parallels the US Army’s $2.2 billion Janus Program for military microreactors, approved August 27.
Here is how the two countries’ commercialization paths compare, and what it means for industry and the public.