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Observers are watching closely to see if the situation can be resolved before the main contract is signed next March. According to reports, the CEZ energy group running the tender subsequently stated that Westinghouse was not eligible to object as a losing bidder. But the company appears likely to continue asserting its intellectual property rights, with a legal case already underway in the US.
Westinghouse is responsible for reporting as the party that transferred technology to KHNP — but that reporting has not yet taken place. But in the case of the Czech nuclear power plant order, KHNP and Westinghouse did not reach any technology transfer agreement. This explains the claims by some in the Korean nuclear power industry who are arguing that Westinghouse is angling for more beneficial royalty conditions in the order process while keeping the Korean nuclear power industry in check.
The problem is that a failure to resolve the dispute could end up causing problems in the final bidding negotiations. According to reports, they were unable to reach agreement after KHNP declined to meet demands from Westinghouse that included royalty payments and cooperation under a format of subcontracting portions of the plant construction.
Please direct questions or comments to [ english hani. Go to Body. The US nuclear power company asserts that it holds the intellectual property rights on the source technology for the reactor Korea plans to build in the Czech Republic.