S.Korea panel backs closure of oldest nuclear reactor
Source: Reuters
South Korea is expected to shut down its oldest nuclear reactor, the Kori No. 1 unit on the country's southeastern tip, after a government-led energy advisory panel recommended it be permanently closed.
The panel's decision meant operator Korea Hydro & Nuclear Power Co Ltd (KHNP) was unlikely to seek a second extension for the nearly 40-year-old plant, whose operating permit expires in June 2017, government and industry sources said.
"The energy committee concluded today that the permanent closure of Kori No.1 is desirable for the mid- and long-term development of our nuclear power industry," Yoon Sang-jick, the committee head and minister of trade, industry and energy, told reporters.
A shutdown would mark the first permanent closure of a plant in South Korea since the country launched its nuclear industry nearly four decades ago.
Public trust in nuclear energy in the world's fifth-biggest user of nuclear power has been undermined by a 2012 scandal over the supply of reactor parts with fake security certificates and the 2011 Fukushima crisis in Japan.
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Read more: http://www.reuters.com/article/2015/06/12/nuclear-southkorea-idUSL3N0YY21O20150612
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