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Korean-built Nuclear Plant Displayed on UAE’s New Banknote

Korean-built Nuclear Plant Displayed on UAE’s New Banknote

SEOUL, Dec. 6 (Korea Bizwire) — A South Korean-built nuclear plant was included in the design of the United Arab Emirates (UAE)’s new high-denomination banknote designed to commemorate the country’s 51st anniversary. According to a press release from the Central Bank of the UAE (CBUAE), a bird’s eye view of the four nuclear reactors at [...]

UAE Gives Nod to Operation of 1st Reactor of Barakah Nuclear Plant

UAE Gives Nod to Operation of 1st Reactor of Barakah Nuclear Plant

SEOUL, Feb. 17 (Korea Bizwire) — The United Arab Emirates (UAE)’s nuclear watchdog on Monday approved the operation of the first reactor at the Barakah nuclear plant built by South Korean companies, industry sources said. The Federal Authority for Nuclear Regulation approved the operation of the unit-1 reactor of the Barakah nuclear plant, the Middle [...]

Japan to Release Contaminated Water to Open Sea and Air Despite Opposition from S. Korea

Japan to Release Contaminated Water to Open Sea and Air Despite Opposition from S. Korea

SEOUL, Dec. 24 (Korea Bizwire) — The Japanese government has made a de facto decision to release contaminated water from Fukushima Daiichi Nuclear Plant despite strong opposition from South Korea. Japan’s Ministry of Economy, Trade and Industry held an expert subcommittee session on Monday and announced plans to release the contaminated waters in two ways. [...]

Japanese Report Confirms Hazardous Radioactive Materials Contained in Contaminated Fukushima Water

Japanese Report Confirms Hazardous Radioactive Materials Contained in Contaminated Fukushima Water

SEOUL, Oct. 4 (Korea Bizwire) — As Japan seeks to release contaminated water from its disabled Fukushima Daiichi Nuclear Power Plant into the Pacific Ocean, South Korean media revealed that the tainted water contains hazardous radioactive materials. KBS News reported on Thursday that a report submitted by the Tokyo Electric Power Co. (TEPCO) to the Japanese [...]

Nuclear Plant Utilization Rate Falls to 37-year Low in 2018

Nuclear Plant Utilization Rate Falls to 37-year Low in 2018

SEOUL, Feb. 6 (Korea Bizwire) — South Korea’s nuclear power utilization rate fell to a 37-year low in 2018 amid efforts to reduce the country’s dependence on the energy source, official data showed Wednesday. Korea Hydro & Nuclear Power Co. (KHNP), the public company charged with operating atomic energy production, said use of fission power [...]