Sunday, August 14, 2005

2 Nuclear Power Plants Go on Line

The Korea Times : 2 Nuclear Power Plants Go on Line

By Seo Jee-yeon
Staff Reporter
South Korea, the world¡¯s sixth-largest producer of nuclear energy, yesterday started commercial operations of its 19th and 20th nuclear power plants (NPPs) in Ulchin, North Kyongsang Province.

``The Ulchin nuclear power plants Units five and 6 will enhance the nation¡¯s production capacity of electricity, meeting 4.4 percent of the country¡¯s annual electricity demands,¡¯¡¯ the Ministry of Commerce, Industry and Energy (MOCIE) said.

``The two power plants can generate 15.2 billion kilowatts electricity per hour, enabling the country save 800 billion won per year in oil imports.¡¯¡¯

The government spent 4.47 trillion won constructing the two power plants over the past six years.

Electricity generated by the country¡¯s 20 nuclear power plants amount to 17.71 million kilowatts, accounting for roughly 40 percent of the country¡¯s total electricity needs.

The two power plants, based on home grown technology called the Korea Standard Nuclear Power Plant, meet domestic and international industrial standards.

The two new units are modeled after Yongkwang NPP units five and six, and contain design improvements based on the construction and operation experience of the older units.

``The two NPPs demonstrate that Korea is globally competitive in constructing nuclear power plants, which gives a green light to prospects of the technology exports in this sector,¡¯¡¯ the ministry said.

Korea started its first commercial operation of the Kori-1 nuclear power plant in 1978.

Korea plans to build more NPPs to reduce its dependency on oil imports while at the same time reducing greenhouse gas emissions produced from burning oil.

Korea aims to develop its nuclear industry into one of the top five in the world between the year 2007-11, according to the third comprehensive nuclear energy development plan of the Ministry of Science & Technology.

By 2035, the country aims to increase it percentage of nuclear power production from the current 40 percent of total to 60 percent.


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