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Nuclear power phase-out (III): Recommendation

16 2 0
21.07.2019

By Chang Se-moon

In this final article of a three part series reviewing the nuclear phase-out policy in Korea, we review its long-term impact and make recommendations for consideration by the Moon Jae-in administration.

How will the phase-out affect the nuclear industry in Korea?

Perhaps the most serious impact would be the disappearance of the supply chain in the nuclear power industry, which has been built up over decades of sweat by Korean workers. Korea has become globally competitive in nuclear power technology but its competitiveness will be lost forever.

According to the Nuclear Energy Institute (www.nei.org), June 5, "Korean reactors have come to enjoy an international reputation as a result of the country's strenuous efforts to create a solid ecosystem encompassing technology, design, construction and operation." However, the nuclear power industry in Korea is "teetering on the brink of collapse in the face of President Moon Jae-in's nuclear phase-out policy."

What are the prospects of continuing exports of Korea's nuclear power technology to other countries?

President Moon's policy is to substitute "safe and clean" energy for nuclear energy, while actively promoting the export of nuclear technology to other countries. This policy, while ambitious, is unrealistic and puzzling.

On March 26, 2018, President Moon visited the Barakah Nuclear........

© The Korea Times