Japan's GX Investment Expands Nuclear Power Supply Chain Demand, 17 Korean Nuclear Power-Related Materials and Equipment Suppliers Visit Tokyo for Business Talks

en.Wedoany.com Reported - On September 10, 2026, the Korea Trade-Investment Promotion Agency (KOTRA) announced that it had dispatched the "2026 Smart Energy Week Climate Technology Market Exploration Delegation" to Tokyo, Japan, together with Korea Hydro & Nuclear Power Co., Ltd. and the Korea Nuclear Industry Association. The delegation consists of 17 Korean suppliers of materials, components, and equipment in the new energy and nuclear power sectors.

KOTRA stated that the move is aimed at aligning with Japan's energy transition and growing electricity demand, and supporting Korean suppliers in entering the local Japanese supply chain.

The Korean delegation, together with the Japan Electrical Manufacturers' Association (JEMA) and RX Japan, jointly held a seminar on trends in Japan's power equipment industry to learn about changes in the Japanese electricity market and procurement trends of major demand-side buyers. The delegation also visited institutions such as Mitsubishi Research Institute (MRI) to examine Japan's power infrastructure and energy equipment demand.

Starting from the 9th, KOTRA set up a Korea Pavilion at "2026 Smart Energy Week" and organized one-on-one business meetings. About 50 buyers, including Japanese energy companies such as Toshiba and Hitachi, as well as large engineering, procurement, and construction contractors, attended to discuss equipment procurement and supply chain cooperation possibilities with Korean exhibitors.

The Japanese government aims to achieve carbon neutrality by 2050 and plans to promote green investment totaling approximately 150 trillion yen over 10 years starting from 2024. KOTRA believes that as Japan expands investment in new energy facilities, restructures existing supply chains, and sees rising electricity demand driven by data center expansion, Japan's need for stable supply chains in the power equipment and energy infrastructure sectors is increasing.

Park Yong-min, head of KOTRA's Japan regional headquarters, said that the Japanese government's promotion of GX and AX policies is prompting local companies to adjust their relatively conservative supply chain strategies. KOTRA will continue to follow up on the demand identified during these business meetings and support Korean materials, components, and equipment suppliers in achieving practical cooperation results in the Japanese market.