The renaissance of nuclear energy
Being built Shin Hanul reactors no. 3 and 4 will have a capacity of 1.4 gigawatts each, the Commission said. Demand for nuclear power gained further momentum earlier this year when South Korea won a $17 billion project exporting its nuclear technology to the Czech Republic.
South Korea is experiencing a renaissance nuclear energyBecause President Yoon Suk Yeolwho took office in 2022, is changing the country’s energy policy. The return to nuclear energy is to help in reducing CO2 emissions. Seoul aims for nuclear energy to account for 36 percent energy mix South Korea by 2038. For comparison, it is currently 30 percent.
Power to AI
South Korea wants to meet the growing demand for energy generated by artificial intelligence by means of emission-free sourcessuch as nuclear energy and hydrogen, Vice Minister of Trade, Industry and Energy Choe Nam-ho said in an interview in early September. The national Energy Strategy assumed the creation three new reactors with a capacity of 1.4 gigawatts each and 700 MW Small Modular Reactor until 2038.
Rejected projects are back on the agenda
The statement came after Korea Hydro & Nuclear Powerstate a company that builds nuclear power plantsfirst applied for a permit to build a nuclear power plant in 2016. The project was abandoned by former President Moon Jae-in, who pledged to phasing out nuclear energy from the country’s energy mix, citing security concerns.
