South Korea’s oldest nuclear reactor, the 40-year-old Kori No. 1, will halt operations at midnight on Sunday, becoming the country’s first nuclear plant to close permanently amid plans for a shift towards natural gas and renewables. South Korea is the world’s fifth-biggest consumer of nuclear energy, and one of few countries to export its technology, having won an order to build reactors in the United Arab Emirates. But a scandal over forged certificates for spare parts in 2012 and the 2011 Fukushima meltdown in neighboring Japan have undermined public support for nuclear power, while the new left-leaning government aims to speed up plans to move away from both coal and nuclear. Another 11 of South Korea’s 25 reactors are set to shut down by 2030 as they reach the end of their operating lives, although some may push to have their operating licenses renewed. With the country still setting its long-term energy plans, it is unclear how many will be replaced by new reactors.
Reuters 16th June 2017 read more »