S. Korea to construct two new nuclear reactors by 2038
At a press briefing in Seoul, Climate Minister Kim Sung-whan stated that the government will carry out all necessary procedures to complete the construction of the two large-scale reactors between 2037 and 2038, as outlined in the 11th basic energy plan established by the previous administration.
“To cut carbon emissions in the energy sector, it is necessary to reduce power generation from coal and liquefied natural gas,” he explained. “Therefore, we need power system operations centered on renewable energy and nuclear power.”
Recent government-commissioned polls indicate strong public support for nuclear energy, with an average of 80% of respondents acknowledging its necessity and 60% backing the plan for additional reactors.
State-owned Korea Hydro & Nuclear Power Co. (KHNP) is expected to launch a bidding process to select host cities or towns for the reactors by 2027. The ministry noted that KHNP aims to obtain approval from the national nuclear safety authority by 2031 to ensure the reactors are completed between 2037 and 2038.
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