Investor That Can See The Future

Chapter 351

Professor Mohan and Carey had plans to return to the United States first.

Professor Noh said as if regretful.

“I don’t know when I will see you again.”

It’s sad for me to part, too.

“Next time I will go to California to play.”

“You are welcome at any time. Shouldn’t I give a lecture in front of Caltech students?”

“… … .”

What to say in front of those geniuses?

We shook hands of farewell.

Me and Taek-gyu stayed in Russia for a few more days, meeting Gazprom and Rosatom officials as well as other businessmen.

If there are chaebols in Korea, there are oligarchs in Russia. They amassed enormous wealth during the fall of the Soviet Union and the transition from communism to capitalism.

After Vysotsky came to power, he purged the oligarchs as if to disband the chaebol, but those who survived the purge by working hand in hand with the regime still exercised great power over the entire Russian economy.

As soon as he persuaded President Vysotsky to cooperate with the progressive reactor, a series of requests to meet suddenly began.

It feels like the bar of Russia, which had been tightly closed, is loosened at once at the president’s words. This can be said to be the advantage of the Top Down method.

Subsidiaries owned by OTK Company have considered entering into Russia. Karos decided to test autonomous driving and battery performance in Russia, and M Pizza decided to cooperate with a local company to open a branch in Moscow. OTK Games also contacted local game companies.

Faceit was a company that showed more aggressiveness than others faster than anyone else.

Toby said in a very excited voice.

[Russia is a country with as much passion for porn as the United States. It is a porn powerhouse that has produced a lot of pornography, and there are many actors with excellent looks and acting skills. In short, it is a porn giant with infinite potential.]

Faceit has been trying to advance into Russia before. However, despite knocking on the door several times in the meantime, the authorities did not get permission.

The exact reason was not disclosed, but it is presumed to be for the protection of the country’s pornography industry. However, although some conditions were attached, the door suddenly opened.

Toby couldn’t hide his joy.

[Actually, when I was young, I enjoyed Russian porn more than American porn. Thanks to this, I was able to learn simple Russian conversation.]

“… … That’s right.”

Is it similar to learning Japanese while watching Japanese AV?

[Doesn’t the CEO also like Russian porn?]

“… … .”

How did you know that… … No, but who’s going to come to that conclusion?

[We are going to have a meeting with local porn companies soon. You can expect to see what kind of porn they will produce.]

“No, it’s up to expectations… … .”

I didn’t have to dry it. They say they are going to Russia with such enthusiasm, so I have to cheer them on hard.

I hung up.

Taek-gyu said with his arms crossed.

“It’s rude.”

“What do you mean?”

“Suddenly the atmosphere is Russian.”

As the saying goes, Russia was suddenly on the rise. The ruble, which had plummeted, bottomed out and rebounded. Korean businessmen who read the atmosphere quickly rushed to Russia. Chairman Im Jin-yong canceled the schedule and flew to Moscow on his private plane.

Seoseong, Eunseong, and CL have already entered Russia for a long time.

No matter how difficult the Russian economy is, it is a huge country, so its GDP is comparable to that of Korea. It is also a land of opportunity.

When the details were finalized, I met with Rosatom and formally signed the contract. The contract was written in English and Russian.

Before leaving Russia, President Vysotsky sent a gift to the hotel. After finishing our schedule, we went back to Korea.

* * *

When we arrived in Korea, we headed straight to the Golden Gate Building.

Then, as soon as I sat down, I heard a lot of nagging at Hyunjoo noona and Eli. They both looked exhausted from the heavy workload.

Heard that he stayed up all night with the staff for several days because he was reviewing the contract until the very end.

Ellie asked Dark Circle as she looked at me with her dark eyes.

“Did you buy a present?”

I nodded proudly.

“I bought it.”

“really? what?”

Having received the gift, Ellie was delighted and opened her package. But soon, his expression turned cold.

“Hmm, that’s Matryoshka.”

“Yes. It is a special product made by a Russian artisan.”

“i See. It’s cute. It’s a gift that even preschoolers will love.”

“I love it?”

“of course. Because the heart is what matters.”

“… … .”

It’s not a look I like at all.

I quickly pulled a book out of my bag and held it out.

“Ah! It’s just a souvenir, and this is a real gift.”

Receiving it, Ellie paused for a moment. Maybe you don’t like this too?

Thinking so, she exclaimed with joy.

“Nonsense! Anna Karenina first edition! How the hell did you get this?”

“What… … .”

Received as a gift from President Vysotsky.

You can’t read it in Russian, but it will be worth it. Isn’t that a book that’s almost in the Russian Literature Museum?

Come to think of it, how did President Vysotsky get this? Did you even rip off what Oligarch had in your possession?

“I love it?”

“of course! I really like it! How did you know I liked this novel?”

“What… … .”

It’s not a novel that most people like. Few people will read it all.

“Thank you, Jinhoo!”

Ellie hugged me and kissed me.

Hyunjoo’s older sister said as she drank her coffee.

“This is work, so if you want to do more, go home.”

When she heard this, she wanted to go home quickly.

“So, is it really worth a billion dollar investment?”

Taek-gyu said on behalf of me, who is still kissing.

“I don’t know yet. You don’t know until the experiment succeeds, right?”

A traveling wave reactor can significantly shorten the construction period compared to existing nuclear power plants. If the experiment is successful, it will be a breeze to commercialize it.

Hyun-joo’s older sister pressed her finger to her forehead as if in pain.

“Suddenly TWR.”

“It’s good technology. Until renewable energy becomes more efficient and other new technologies emerge, we will be able to solve the energy problem.”

“If it succeeds. Anyway, it’s not a bad investment. The global demand for nuclear power continues to grow.”

This is because the demand for electricity is increasing.

Currently, there are 417 nuclear power plants in operation worldwide. About 40 countries are considering the construction of nuclear power plants in the future. There are about 500 nuclear power plants under review, of which 150 are under construction.

If TWR is developed, it could sweep this market in the future!

If this happens, wouldn’t Rosatom overtake EDF to become the world’s largest energy company?

“Anyway, with this investment, the Russian economy is reviving.”

President Vysotsky took care of the economy every day and went directly to the sales of Russian nuclear power plants. He emphasized the fact that he was funded by the OTK Company.

“I don’t really like Korea. Did you see the protesters in front of the company when you came?”

“Yes.”

I already knew it because I heard it on the news, but when I came, I felt it.

Protests are in full swing in front of the company. This time, environmental groups. They held a protest holding signs with words such as “anti-nuclear power plant”, “abandonment of nuclear material”, “a nuclear-free Korean Peninsula” and “expansion of new and renewable energy”. It also received signatures of support for nuclear power phase-out from citizens passing by.

“Why are there so many protests in that place? What kind of protest is it?”

There are countless protesters who have gone through that place so far. I feel sorry for the companies around me.

“Well, it’s good to express your opinion in a democratic society.”

Greenpeace, the world’s largest environmental organization, made an official statement.

[It is a complete lie that nuclear power is green! OTK Company should immediately stop investing in nuclear power plants and start expanding new and renewable energy!]

Greenpeace hates nuclear power and also hates thermal power. I like renewable energy. Several environmental groups, including Greenpeace, have repeatedly called on governments to increase the amount of solar, wind and hydro power generation.

But this isn’t quite as simple as it sounds. Hydroelectric power generation is limited where possible, and solar and wind power generation efficiency is low.

In addition to this, various methods such as fermenting grains to obtain ethanol are being discussed, but the economic feasibility is the same.

If this had been such a simple problem in the first place, KEPCO would have shut down both thermal and nuclear power plants and went all-in on solar and wind power plants.

The government is also moving to phase out nuclear power, but it is not yet possible to touch the currently operating nuclear power plant.

Hyunjoo’s older sister shook her head.

“The government must be in a difficult situation now.”

* * *

The elimination of nuclear power was a key promise of President Huh Chang-min, and he has promised several times that he will pursue it unwaveringly.

But things have changed a bit since then.

Germany, which went out of nuclear power, started to import large amounts of natural gas from Russia, and Taiwan gave up its policy after experiencing the worst blackout, in which two-thirds of the country was cut off. Japan, which announced the dangers of nuclear power to the world due to the Fukushima disaster, is also considering building a new nuclear power plant because it is not enough to restart nuclear power plants.

However, South Korea has announced that it will push ahead with nuclear phase-out.

According to the government plan, all nuclear power plants in Korea will be shut down in about 50 years.

As Korea gave up building a new nuclear power plant, domestic nuclear power companies had to find another breakthrough. Fortunately, orders for nuclear power plants poured in from overseas.

The government said it would actively support the export of nuclear power plants, but the prospects were not very good. Nuclear power plants do not end with construction. Once built, it will operate for decades, with maintenance in between.

However, according to the government’s roadmap, in the meantime, Korea will end nuclear phase out.

From the perspective of a country that wants to build a nuclear power plant, there is no choice but to give an additional point to a country that continues to develop the nuclear power plant industry.

However, in this situation, OTK Company joined hands with Rosatom. The timing wasn’t good either.(Read more @ wuxiax.com)

The Czech Republic has decided to build two 1000MW nuclear power plants in Dukovani and other places. If future maintenance is added, the total project cost is billion.

Nuclear power companies around the world competed fiercely to win the order, and the Korean government even stepped in to fight it.

Perhaps because of this, Korea was mentioned as the most likely candidate along with France. Czech scholars and government officials decided to visit Korea to see the KHNP and Kori Nuclear Power Plant in person. However, when the news of OTK Company’s investment became known, the visit to Korea was abruptly canceled. Instead, they turned to Russia’s Kursk nuclear power plant.

India, the UK, and Poland, which are pursuing nuclear power plant construction, also showed great interest in Russian nuclear power technology.

In fact, it is said that the export of nuclear power plants has crossed the water, and the stock prices of related companies such as KEPCO and Jusan Construction have fallen by more than 10 percent.

Yeon Na-kyung, leader of the Liberty Korea Party, launched an attack.

“Even the world’s top investor Jinhu Kang is investing in nuclear power technology. While the world is making efforts to build nuclear power plants and strengthen nuclear power technology, only Korea has declared abolition of nuclear power. Now that it has become clear and clear that nuclear denuclearization is an impractical fiction, the president should step in, admit that the policy was wrong, bow his head and apologize to the people!”

On the internet, there was a lot of debate.

– Hey! The Liberal People’s Party is on the side of the aftermath!

-Is Kang Jin-hoo left-wing or right-wing? Why are you tackling government policy?

-If you look at what you’ve done so far, you’re a conservative rightist who pretends to be a leftist only on the outside.

-Typical fashion leftist, Gangnam leftist. In reality, it is a water polo cone.

– Nuclear power plants are not environmentally friendly, and there is a risk of radioactive contamination. Nuclear power plants must be abolished.

-Then is thermal power plant eco-friendly? Do you say those words even when you look at the fine dust?

– We want to increase renewable energy such as hydropower, wind power and solar power, not thermal power generation!

– Haha, Korea isn’t even Norway. How many places can generate hydroelectric power? Should the Hoover Dam be built?

-If you want to replace one nuclear power plant with solar power, you need to push out the national forest and install a solar panel. Which one is more environmentally friendly?

-Efficient management of nuclear power plants is possible as they are gathered in one place. For solar and wind power, transmission and wiring must be connected in each area where they are installed, which is not an easy task.

– They’re the ones who only need to blow up a nuclear power plant to get their senses

-If nuclear power plants are so bad, why are the US, Russia, and France building them like that?

-Are you saying that in the reports of Chernobyl and Fukushima? The United States and Russia are large in land. Korea is a small country and has a high population density, so if one nuclear power plant goes off, it will be over.

-If we have to stop construction of new nuclear power plants and stop operating old nuclear power plants, if there is only one nuclear power plant left on the Korean Peninsula, isn’t it dangerous anyway?

– Right now, China is saying that it will build an offshore nuclear power plant in the West Sea, but even if Korea abandons nuclear power plants, if it explodes in China, it will be over.

On the issue of nuclear phase out, the opinions of the people were sharply divided. As far as the progressive government is pushing for nuclear phase out, liberals tended to oppose nuclear power while conservatives favored nuclear power.

The Blue House and the ruling party were in trouble.

It is up to the investor to decide where to invest. However, it is nuclear power generation, not other industries.

If it had been another entrepreneur, he would have consulted closely with the government before making the investment. However, Jin-hoo Kang continued his work and did not even notify the government.

The Korean government even recognized the fact that Jin-hoo Kang had contact with Professor Perlov at Moscow University and with President Vysotsky at the Kremlin after seeing the announcement from the Russian side.

To be honest, as OTK Company is an American company, it doesn’t matter where or how Korea invests, but the CEO himself is strictly Korean.

Although it could not keep pace with the government policy, it was not good for planting because it invested in the opposite industry.