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South Korea said on 28 December that it will gradually diversify its energy mix by using more sustainable sources, such as solar power, and scale back the use of coal and nuclear, in line with its target to achieve zero carbon emissions by 2050.
- Source: NEI Magazine
- Date: Tuesday, 05 January 2021
- Original article: neimagazine.com/news/newssouth-korea-to-increase-renewables-at-expense-of-coal-and-nuclear-8435837
Global electricity demand is set to decline 2% in 2020 due to the COVID-19 pandemic, according to the International Energy Agency's (IEA's) first ever Electricity Market Report, which was published today. Nuclear power generation is set to fall by about 4% this year, it says. Global electricity demand is forecast to grow by around 3% next year.
- Source: World Nuclear News
- Date: Tuesday, 15 December 2020
- Original article: world-nuclear-news.org/Articles/IEA-charts-COVID-s-impact-on-electricity-market
The case for nuclear as a proven source of clean, reliable and sustainable electricity supply should be clear to all, but the business case for nuclear is also becoming better understood, World Nuclear Association Director General Sama Bilbao y León told delegates at the New Nuclear Capital 2020 virtual conference yesterday. The following is an abridged version of her presentation.
- Source: World Nuclear News
- Date: Saturday, 12 December 2020
- Original article: world-nuclear-news.org/Articles/Speech-The-business-case-for-nuclear-energy
South Korea has decided to set up a special fund for cooperation with Russia in the field of hydrogen energy, the Ambassador-at-Large of the Russian Foreign Ministry and senior official of the Arctic Council Nikolai Korchunov told an online briefing on 20 November.
- Source: NEI Magazine
- Date: Wednesday, 25 November 2020
- Original article: neimagazine.com/news/newssouth-korea-to-fund-for-cooperation-with-the-russia-on-hydrogen-8376362
Korean prosecutors on 5 November raided the Ministry of Trade, Industry and Energy and two state-run energy firms over allegations that they had undervalued the economic viability of the now-decommissioned Wolsong 1 nuclear reactor to ensure the plant’s early closure, Yonhap reported.
- Source: NEI Magazine
- Date: Thursday, 12 November 2020
- Original article: neimagazine.com/news/newskorean-prosecutors-investigate-early-closure-of-wolsong-1-8356499
The Chernobyl nuclear power plant (ChNPP) in Ukraine is to become a "testing ground" for South Korean technologies for the treatment of radioactively contaminated materials, Oleksandr Skomarokhov, ChNPP deputy director of radioactive waste management, announced on 28 October.
- Source: World Nuclear News
- Date: Saturday, 31 October 2020
- Original article: world-nuclear-news.org/Articles/South-Korea-to-test-decontamination-technology-at
The two companies said they will develop technology for offshore nuclear power plants equipped with Bandi-60S reactors, a small modular reactor design that Kepco Engineering & Construction has been developing since 2016.
According to documents published by the Korean Nuclear Society, the Bandi-60S is a 60-MW block-type pressurised water reactor unit. The block-type design means the main components are directly connected, nozzle-to-nozzle, instead of using connecting pipes. This can eliminate the risk of a large-break loss-of-coolant accident.
- Source: Nucnet
- Date: Thursday, 08 October 2020
- Original article: nucnet.org/news/south-korea-companies-sign-mou-on-development-10-3-2020
The commercial deployment of small modular reactors (SMRs) will bring new supply chain opportunities as well as challenges, panellists at an event to launch a World Nuclear Association report said this week. The World Nuclear Supply Chain: Outlook 2040 analyses the economic value of the nuclear power industry and provides a market-oriented review of the opportunities and challenges for nuclear power plants and their supply chain over the next two decades.
- Source: World Nuclear News
- Date: Saturday, 26 September 2020
- Original article: world-nuclear-news.org/Articles/Panellists-address-SMR-supply-chain-challenges
Nuclear power programmes can benefit society through the creation of high-quality employment opportunities while providing secure, reliable energy supplies, but the industry must make sure it engages in open and transparent communications with stakeholders, as well as being cost-competitive with all other forms of generation, if those benefits are to be realised. These were the feelings from an international high-level panel of nuclear industry and academic experts at World Nuclear Association's Strategic eForum 2020.
- Source: World Nuclear News
- Date: Wednesday, 16 September 2020
- Original article: world-nuclear-news.org/Articles/Cost-and-communication-vital-for-realisation-of-nu
The recent shutdown of six nuclear reactors at South Korea’s Kori and Wolsong nuclear power plants during the typhoons Maysak and Haishen resulted from the failure of power supply equipment, caused by salinity carried on the wind, Hankyoreh reported on 11 September, citing an independent investigation by Korea Hydro and Nuclear Power (KHNP).
- Source: NEI Magazine
- Date: Tuesday, 15 September 2020
- Original article: neimagazine.com/news/newssix-korean-reactors-shut-down-due-to-salinity-during-recent-typhoons-8132674