Korea Hydro & Nuclear Power Co. Archives

Reactors Work Suspension Cost KEPCO 75.8 Billion Won

SEOUL, Oct. 27 (Korea Bizwire) – The three-month construction suspension of two nuclear reactors in the southeastern industrial city of Ulsan will likely have cost the country’s state-run utility company 75.8 billion won (US$67.1 million) in lost profit, an opposition lawmaker said Friday. The Moon Jae-in administration on Tuesday decided to restart work on the [...]

S. Korea’s Nuclear Power Reactors Not Designed to Deal With Military Attacks

SEOUL, April 16 (Korea Bizwire) — South Korea’s nuclear power reactors have not been designed to deal with military attacks, a report submitted to a lawmaker by the Korea Hydro & Nuclear Power Co. (KHNP) showed Sunday. The evaluation sent to Rep. Kim Jong-hoon of the conservative Liberty Korea Party revealed that the outer protective wall of local reactors were never meant to withstand a missile strike or other forms of concerted [...]