KEPCO Says $2 Billion Nuclear Fee Is a Ceiling, Not the Actual Payment

KEPCO CEO Kim Dong-cheol told a parliamentary audit that the $2 billion technology fee for Westinghouse is a negotiating ceiling, not the actual amount to be paid for building Korean reactors in the US. The utility is weighing a 5–10% equity stake in Westinghouse to strengthen cooperation.

• KEPCO: $2B Westinghouse fee is a ceiling, not the payment
• Figure equals 2.67 trillion won (~$2.05B) per US reactor
• KEPCO considers buying a 5–10% stake in Westinghouse
• Actual Dukovany technology fee was below the reported $350M