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South Korean government steadfast in its goal of phasing out nuclear power

S. Korean gov’t committed to nuclear phase-out policy goal, 2018/08/18   SEOUL, Aug. 18 (Yonhap) — The South Korean government is firmly committed to reducing the country’s dependence on nuclear power and will expand the use of renewable power sources…..

President Moon Jae-in is currently seeking to scrap the building of new reactors and phase out those already in operation.

During a meeting with ruling and opposition parties on Thursday, Moon was quoted by the Democratic Party as saying that the government is carrying out the phase-out drive “step by step,” expressing confidence that the present energy policy will not weigh down the national economy.

……. Seoul has emphasized that the course to denuclearize can lead to new business opportunities as there can be a lucrative market for safety dismantling nuclear reactors. It, moreover, said that the government will continue to support efforts by South Korean companies to win nuclear plant construction orders abroad.

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August 20, 2018 - Posted by | politics, South Korea

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