Report published October 1, 2026

Goldman Sachs: U.S.-Korea Strategic Investment Includes $120bn for Nuclear Reactors – A Positive Sign in Ongoing Nuclear Buildout Progress

Goldman Sachs · October 1, 2026

The U.S. and South Korea unveiled the first phase of their $350bn Strategic Investment Program, dedicating $120bn under Project Power to build eight large nuclear reactors in the U.S. Supported by a $10bn advance payment by year-end for long-lead equipment, the agreement strengthens the nuclear supply chain and is expected to worsen the projected 2030 uranium deficit.

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Finvaulta summarizes Goldman Sachs's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.

Key Takeaways

1.The U.S. and South Korea announced an initial ~$200bn investment package under their $350bn Strategic Investment Program, highlighted by $120bn under Project Power to construct eight large-scale U.S. nuclear reactors.
2.A $10bn advance payment scheduled by the end of 2026 will fund immediate procurement of long-lead items, serving as an important near-term catalyst to compress buildout timelines.
3.Project Power builds on a prior $80bn framework from October 2025 and is separate from DOE loan commitments, leaving open the potential for funding support for additional reactors.

Report data

Key figures extracted from this report

Metric	Estimate	Context
Project Power U.S. nuclear deployment commitment	120 USD bn	Allocated toward the construction of eight large-scale U.S. nuclear reactors.
Total U.S.-Korea Strategic Investment Program initial projects	200 USD bn	Initial package across nuclear power, electricity infrastructure, and LNG development out of a total $350bn program.
Overnight construction cost allocation	100 USD bn	Portion of the $120bn deployment allocated to overnight construction costs.
Contingency reserve allocation	20 USD bn	Portion of the $120bn deployment reserved for contingencies.
Advance payment for long-lead items	10 USD bn	Payment by year-end to facilitate immediate purchasing of long-lead items.