In-house Ventures 'Green Bangsaseon' and 'Dreams' Sign Business Agreement
Promoting Commercial Development of Nuclear Waste Self-Processing Device

Korea Hydro & Nuclear Power held an in-house venture agreement ceremony for 2020 on the 17th using a video conferencing and electronic signature system. President Jeong Jae-hoon of KHNP (top left of the screen) and in-house venture officials are seen participating in the non-face-to-face agreement ceremony. (Photo by Korea Hydro & Nuclear Power)

Korea Hydro & Nuclear Power held an in-house venture agreement ceremony for 2020 on the 17th using a video conferencing and electronic signature system. President Jeong Jae-hoon of KHNP (top left of the screen) and in-house venture officials are seen participating in the non-face-to-face agreement ceremony. (Photo by Korea Hydro & Nuclear Power)

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[Asia Economy Reporter Moon Chaeseok] Korea Hydro & Nuclear Power (KHNP) is fostering in-house ventures to create private sector jobs.


On the 17th, KHNP held the '2020 In-house Venture Agreement Ceremony.' To prevent the spread of COVID-19, the ceremony was conducted remotely using video conferencing and electronic signature systems.


At the ceremony, KHNP signed business agreements to activate in-house ventures with 'Green Bangsajeon,' selected as the second in-house venture, and 'Dreams,' which started as a first in-house venture and successfully spun off as a startup.


Through the agreement, 'Green Bangsajeon' plans to develop and commercialize a microwave treatment device by the end of next year. This device removes radioactive contamination from nuclear power plant waste such as spent activated carbon, enabling self-disposal.


Previously, 'Dreams' developed protective dust masks using convergent materials capable of blocking harmful substances like radiation, obtaining industrial special grade and first-grade certifications. Currently, they manufacture masks used in power plants, hospitals, and industrial sites.


KHNP is utilizing in-house ventures not only to discover employees' ideas and create quality jobs but also to secure new growth engines. They plan to continue supporting in-house ventures to ensure stable corporate activities.



Jung Jae-hoon, CEO of KHNP, said, "We hope the newly launched in-house venture team will commercialize the spent activated carbon self-disposal technology and contribute to improving the economic efficiency of nuclear power plants." He added, "We will support the spun-off startup teams to grow stably and create exemplary cases for realizing social value such as good job creation."


This content was produced with the assistance of AI translation services.

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