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Wolsong-1 Reactor’s Economic Viability Unreasonably Undervalued: Watchdog

Wolsong-1 Reactor’s Economic Viability Unreasonably Undervalued: Watchdog

SEOUL, Oct. 20 (Korea Bizwire) — The economic viability of South Korea’s second-oldest nuclear reactor was unreasonably undervalued in determining the facility’s early closure, state auditors said Tuesday. In its audit report on the early closure of the Wolsong-1, the Board of Audit and Inspection (BAI) concluded that a June 2018 projection report from a [...]

Energy Policy, Optics of Watchdog Autonomy at Stake in Politically Sensitive Reactor Audit

Energy Policy, Optics of Watchdog Autonomy at Stake in Politically Sensitive Reactor Audit

SEOUL, Oct. 13 (Korea Bizwire) — Although overshadowed by more pressing matters at hand such as the new coronavirus or regional security, the closure of South Korea’s second-oldest nuclear reactor has remained a hot-button topic in domestic politics since President Moon Jae-in decided in 2017 to decommission the reactor earlier than scheduled in line with [...]

Researchers Develop Knowhow to Determine Corrosion of Key Nuclear Reactor Parts

Researchers Develop Knowhow to Determine Corrosion of Key Nuclear Reactor Parts

SEOUL, Jul. 2 (Korea Bizwire) — South Korean researchers have developed the expertise to precisely determine corrosion levels in key parts of nuclear reactors, potentially greatly improving operational safety, a state-run atomic energy institute said Tuesday. The discovery is expected to make it easier for nuclear plant operators to forecast when to replace such critical [...]

S. Korea OKs Restart of Nuclear Reactor

S. Korea OKs Restart of Nuclear Reactor

SEOUL, April 12 (Korea Bizwire) – South Korea’s nuclear safety agency said Thursday that it has approved the restarting of a reactor in the country’s southeastern region, with the unit expected to come online in the coming days. The Nuclear Safety and Security Commission said it has confirmed the safety of the Kori 4 in an inspection following the reactor’s shutdown on March 28 last year due to [...]