Bloomberg reports that South Korea is considering a new nuclear plant. It says:
South Korea’s push for more nuclear generation comes amid a broader revival of the power source. Japan’s government aims to fire up stalled reactors and explore new technology, while nations including China, the UK and France also have ambitious to add more nuclear. The Philippines, India and Indonesia are among emerging economies considering how the technology could help rising energy demand.
President Yoon Suk Yeol is a strong advocate of nuclear power and favors an expansion of the technology over deployments of renewable energy. Proposals for the nation’s future energy mix released in January call for nuclear to account for almost one-third of generation capacity by 2030, up from about 24% in earlier drafts. Nuclear accounted for about 26% of generation in 2021, according to data compiled by BloombergNEF.
South Korea’s push for more nuclear generation comes amid a broader revival of the power source. Japan’s government aims to fire up stalled reactors and explore new technology, while nations including China, the UK and France also have ambitious to add more nuclear. The Philippines, India and Indonesia are among emerging economies considering how the technology could help rising energy demand.