EGN NEWS DESK
South Korea permitted the development of two nuclear reactors on the nation’s east coast, reviving a mission that was scrapped by the previous administration, which had pursued an anti-nuclear coverage.
The Nuclear Safety and Security Commission greenlighted the constructing of Shin Hanul No. 3 and 4 reactors in Uljin, it stated in an announcement Thursday. The reactors will every have a capability of 1.4 gigawatts, it added.
South Korea is within the midst of a nuclear vitality renaissance as President Yoon Suk Yeol, who took workplace in 2022, reverses his predecessor’s coverage and revives the position of atomic energy to assist slash emissions. Seoul is aiming for nuclear to account for 36% of energy era by 2038, up from 30% now.
Read More: South Korea Gets New Nuclear Assurances From U.S. Amid Rising Tensions
The nation goals to fulfill hovering energy demand from synthetic intelligence with carbon-free sources akin to nuclear and hydrogen, Vice Minister of Trade, Industry and Energy Choe Nam-ho stated in an interview earlier this month.
A proposed nationwide vitality technique in May known as for 3 new reactors with 1.4 gigawatts capability every, and a 700-megawatt small modular reactor by 2038. South Korea expects to finish constructing Shin Hanul No. 3 and 4 models by 2032 and 2033, respectively, in response to the presidential workplace.
The announcement comes after Korea Hydro & Nuclear Power Co., the state-run developer of atomic crops, first sought building approval in 2016. The mission had been deserted below former President Moon Jae-in as he pledged to part out nuclear energy from the nation’s vitality combine, citing security considerations.
The renewed push for nuclear energy obtained a lift earlier this yr, when South Korea gained a $17 billion mission to export its nuclear know-how to the Czech Republic.
