Doosan Enerbility showed strength on the 28th, with its small modular reactor (SMR) business re-emerging as a key market variable following Bill Gates' recent visit to Korea as chairman of the Gates Foundation. The fact that Doosan Enerbility is participating as a core equipment supplier in the next-generation nuclear power project pursued by U.S.-based TerraPower is drawing investors' attention.

Stock Price Movement

As of the market close on the 28th, Doosan Enerbility finished at 88,000 won, up 2,100 won (2.44%) from the previous trading day. During the session, the stock rose as high as 89,100 won, with a low of 84,400 won. Trading volume was tallied at approximately 3.64 million shares.

Bill Gates' Visit to Korea and TerraPower Cooperation

One of the key issues surrounding Doosan Enerbility's nuclear business recently is its cooperation with TerraPower, the U.S. nuclear company co-founded by Bill Gates. Gates visited Korea on the 14th and met with government and business officials in succession to discuss ways to cooperate in next-generation energy fields, including SMRs.

In the process, expanded cooperation between TerraPower and Korean companies such as SK and HD Hyundai was concretized, and Doosan Enerbility was also mentioned as a major Korean company participating in TerraPower's SMR supply chain.

Wyoming 'Natrium' Project

As TerraPower's sodium-cooled fast reactor-based 'Natrium' project, underway in Kemmerer, Wyoming, moves toward commercialization, the role of Korean nuclear equipment manufacturers is also growing. Doosan Enerbility has secured a contract to manufacture core nuclear equipment for the project. TerraPower recently obtained a construction permit in the United States and is pushing forward with the project targeting operation in 2031.

SMR Market Growing on AI and Data Centers

Behind the expansion of the SMR market lies growing global electricity demand driven by artificial intelligence (AI) and data centers. As moves to secure stable power supplies for large-scale data centers gain momentum, SMRs, which can reduce construction timelines and initial investment burdens, are emerging as a new power source alongside conventional large nuclear reactors. Some analysts say Gates' visit to Korea goes beyond mere investment and is linked to efforts to include Korean companies in TerraPower's global supply chain.

Future Points to Watch and Cautions

Doosan Enerbility has the manufacturing base to produce reactor primary components and core nuclear equipment, so if the TerraPower project expands, whether additional orders come in is expected to be a key point to watch.

However, it is difficult to explain the recent stock price movement solely in terms of Bill Gates' visit or TerraPower-related issues. Doosan Enerbility is pursuing multiple businesses, including large nuclear reactors, gas turbines, and SMRs, so its future stock price is highly likely to be influenced by actual order volumes, project progress speed, and whether results are reflected in earnings.

[This article was written with AI assistance. It is reference content based on publicly available materials and market information, and is not intended to recommend the purchase, sale, or investment of any specific stock. Nuclear and SMR businesses may progress differently depending on licensing, construction schedules, policy changes, and contract conditions, and there is no guarantee that related expectations will translate into actual revenue or profits. Stock investing carries the risk of principal loss, and the final investment decision and responsibility rest with the investor.]