Written by 1:25 PM Economics

Moving away from nuclear power plants, ‘New nuclear power plant’… New one will be built in 8 years.

원안위, Shin-Hanul 3-4 Reactor Approval
Although it was blanked during the Moon administration, it is revived
Planned for completion in 2033 in Uljin, Gyeongsangbuk-do
‘Building a nuclear alliance between South Korea and the US is possible’ – Yoon

The Nuclear Safety and Security Commission held its 200th meeting on the 12th and announced that the construction approval for the Shin-Hanul 3-4 reactor (total project cost 11.7 trillion won) had been approved. With the construction approval granted on this day, Korea Hydro & Nuclear Power will commence basic excavation work on the 13th.

On the same day, the Presidential Office revealed its intention to pursue the establishment of a nuclear alliance with the United States and countries that have been long-standing partners in nuclear cooperation, such as the Czech Republic, as Korea Hydro & Nuclear Power was selected as a preferred bidder for new nuclear power plants last July. Deputy Chief of the National Security Office Kim Tae-hyo stated, “This visit by President Yoon Seok-yeol will serve as an opportunity to establish a full-fledged cooperation relationship with the Czech Republic, including a nuclear alliance, and it is expected that Korea and the US will be able to establish a global nuclear alliance partnership in the future.” The nuclear ecosystem, which was on the brink of extinction due to the previous government’s anti-nuclear policy, is now revitalizing both domestically and internationally.

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