Texas power plant, nuclear projects under discussion in South Korea's US investment package South Korea and the United States are finalising the implementation of Seoul's pledged $350 billion investment package under a trade deal struck last year that lowered US tariffs on South Korean goods to 15%. Out of the $350 billion, $150 billion is earmarked for shipbuilding with details ​still being worked out for the remaining $200 billion in strategic investments. Below are details of the projects under discussion TEXAS GAS-FIRED POWER PLANT The first project is a combined-cycle gas power plant in Encinal, Texas. The 6.3 gigawatt project aims to supply electricity to AI data centres and semiconductor plants in Texas. EIGHT NUCLEAR REACTORS, WESTINGHOUSE STAKE Seoul and Washington are discussing the construction ​of up to eight large nuclear reactors in the United States. ALASKA LNG PROJECT Another project under discussion is South Korean participation in the Alaska liquefied natural gas project, a long-stalled pipeline and export scheme championed by US President Donald Trump NUCLEAR FUEL REPROCESSING A fourth potential investment ​concerns Washington seeking ⁠South Korean support on reprocessing spent nuclear fuel, according to South Korean ruling party lawmaker Yoon Hu-duk. CARBON CAPTURE A fifth potential project involves carbon capture, utilisation and storage (CCUS), according to South Korean ​lawmaker Yoon (Reuters)