Thursday, December 12, 2024
spot_img

S Korea looking to cut nuke power reliance

Date:

Share post:

spot_img
spot_img

SEOUL: South Korea is looking to scale back plans to rely on nuclear power, but growing energy demand and the shutdown of aging reactors mean it will still likely need to build new nuclear-fired plants in the next two decades.
Asia’s fourth-largest economy has been under pressure to curb its usage of nuclear power after a scandal forced the shut down of some reactors that had received replacement parts using fake safety certificates. The government had planned to increase reliance on nuclear power to 41 percent of power generation by 2030, but a draft policy revision is now targeting 29 percent by 2035, the least stringent reduction recommended by a public advisory group. One anti-nuclear group criticized the proposed target, saying it still amounted to a policy of expansion because it would still require additional reactors. The energy ministry said in a statement today unveiling the draft of its policy revision that nuclear power still has a role to play in South Korea and that it would not be drastically slashing or expanding capacity. ‘If the government is going to keep its nuclear power proportion at 29 percent by 2035 … we would need an additional six to eight nuclear power plants,’ Roh Dong-seok, a research fellow at state-funded Korea Energy Economics Institute, said. ‘The exact number of the units would be decided by how many of the existing nuclear reactors can still operate by then.’ Tuesday’s ministry statement did not specify how many nuclear reactors would be needed by 2035, and ministry officials declined to comment.
South Korea currently has 23 nuclear reactors, which produce about a third of its electricity, and it plans to add 11 more, with five already under construction. Under the previous plan for nuclear power to make up 41 percent of power supply, South Korea would have needed to add as many as 20 additional reactors, according to industry data. And that would not take into account the 13 units — more than half the current total — that will face expiry of their operating licences by 2035.
‘This is obviously an expansion policy for nuclear power,’ said anti-nuclear civic group Energy Justice Actions. A study group advised the government in October that Seoul should reduce its reliance on nuclear power to between 22 to 29 percent of power supply in the light of public anger over corruption in the industry and heightened worries about safety as Japan struggles to clean up after the Fukushima disaster. (Agencies)

spot_img
spot_img

Related articles

Income tax refunds jump 46.3 pc to Rs 3.04 lakh crore in April-Nov

New Delhi, Dec 12: The number of tax refunds has recorded a 46.31 per cent jump to Rs...

Indian banking sector’s health remains robust, govt policy working very well: Top bankers

New Delhi, Dec 12: As Rahul Gandhi’s allegations about the poor condition of Indian banks, especially public sector...

India’s nuclear power capacity has doubled in last 10 years: Jitendra Singh

New Delhi, Dec 12: India's nuclear power generation capacity has nearly doubled in the last 10 years from...

Jal Jeevan Mission empowering women in rural areas: PM Modi

New Delhi, Dec 12: Jal Jeevan Mission is facilitating the empowerment of more women in India, especially in...