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24.10.2017 17:15South Korea to resume building two new nuclear reactors, but scraps plans for 6 others
The country will complement the capacities with renewables
- South Korea will not grant extensions for 14 nuclear power stations
© IAEA Imagebank, flickr.com
South Korea will resume the suspended construction of two new nuclear reactors, its energy ministry said, but has torn up plans to build six more reactors as Seoul seeks to meet pledges to cut reliance on nuclear power, Reuters reported.
The move will restart work on the two reactors that was frozen after President Moon Jae-in came to power in May on a ticket calling for scaling back nuclear power. It comes after results of a survey unveiled last week found a majority of South Koreans actually backed the projects.
The world’s fifth-biggest nuclear energy user currently runs 24 nuclear reactors, generating a third of the country’s total electricity needs.
But in a bid to press on with Moon’s commitment to boost use of natural gas and renewable sources in the nation’s energy mix, the ministry said Seoul will also cancel all plans to construct a further six nuclear reactors. The number of nuclear reactors operating in South Korea will be cut to a net 14 by 2038, Reuters reminded.
The ministry said it will use alternative fuels such as solar and wind power to replace the six nuclear reactors with a projected combined capacity of 8.8 gigawatts (GW).
Additionally, the Asia’s fourth-largest economy will not allow extending the lifespan of 14 aging nuclear power stations, totaling 12.5 GW of capacity, the statement said.
The energy ministry said it will reflect changes in the country’s long-term energy mix plan, which is expected to be finalised in November.
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