SEOUL, Jul. 2 (Korea Bizwire) — South Korea’s government said Monday it will step up collaboration with the local nuclear industry to boost the country’s chances to win Saudi Arabia’s nuclear project after the state-run Korea Electric Power Corp. (KEPCO) was shortlisted along with four other bidders. Saudi Arabia selected five countries — South Korea, [...]
SEOUL, Jun. 18 (Korea Bizwire) — South Korea’s nuclear operator has decided to shut down Wolsong-1 earlier than its life cycle was due to end, but controversy remains as experts and the company’s labor union argue over the economic fallout. The Korea Hydro & Nuclear Power Co. (KHNP) said Friday its board of directors agreed [...]
SEOUL, Sept. 18 (Korea Bizwire) — South Korea will investigate a nuclear reactor on the southwest coast to check its safety following the discovery of its faulty parts and conduct detailed inspections on all atomic energy plants to address safety issues, the government said Monday. The Ministry of Trade, Industry and Energy said it will [...]
BUSAN, Aug. 28 (Korea Bizwire) — On August 27, Busan Green Energy, a special purpose company formed by the Busan Metropolitan City government, the Korea Hydro and Nuclear Power Company, Busan City Gas and Samsung C&T Corporation, announced that it will hold an opening ceremony to commemorate a fuel cell power plant that was completed [...]
SEOUL, Dec. 16 (Korea Bizwire) – The recent South Korean blockbuster disaster film “Pandora” was the first of its kind to see nuclear power plants play a pivotal role in the plot. The movie, which is reminiscent of the Fukushima nuclear meltdown in 2011, takes place in an eastern coastal city of South Korea that [...]
BUSAN, July 7 (Korea Bizwire) – Victims lie on the ground at a busy public square in front of Busan Station. Among them are radioactive waste barrels and men in hazmat suits removing bodies. Fortunately, their were no real casualties, as the scene was the result of an unconventional flash mob. Members of Greenpeace and [...]
SEOUL, July 7 (Korea Bizwire) – South Korea said Thursday it will hold working-level talks with France this week on promoting a partnership in the nuclear energy field. The two-day bilateral “joint coordinating committee” meeting is due to open in Seoul later in the day, according to the Ministry of Science, ICT and Future Planning. [...]
SEOUL, June 3 (Korea Bizwire) – South Korea needs to build a nuclear-powered submarine to better counter North Korea’s possible nuclear and missile attacks, an expert at Seoul’s state-run think tank said Friday. With the new atomic energy pact reached between South Korea and the United States in 2015, the last restrictions to building a [...]
SEOUL, May 26 (Korea Bizwire) – The international environmental activist group Greenpeace staged an anti-nuclear protest Thursday, demanding that Korea’s Nuclear Safety and Security Commission reject the proposed construction of two additional nuclear reactors at the Kori Nuclear Power Plant. The Kori Power Plant is located in Kori, a suburb of Busan. The group claimed [...]
SEOUL, June 26 (Korea Bizwire) – Korean nuclear technology successfully set its foot in EU market, home of nuclear power R&D, securing a contract to export a nuclear reactor for research purposes to the Netherlands. The Ministry of Science, ICT and Future Planning announced on June 24 that the consortium of the Korea Atomic Energy [...]