South Korea to build 2 more atomic power plants by 2014
November 14, 2007 10:47 am World NewsSouth Korea will build two more atomic power plants by 2014, bringing its total number to 26, the government announced Wednesday.
The new reactors, each with a capacity of 1,400 megawatts, are to be built in the southeastern city of Ulsan by 2013 and 2014, respectively, the Ministry of Commerce, Industry and Energy said. When completed, they will be the country’s 25th and 26th atomic reactors.
The project will cost 5.73 trillion won (US$6.16 billion; €4.46 billion), the ministry said in a statement.
The country’s long-term electricity plan also calls for an additional two reactors by 2016.
South Korea first introduced atomic power in 1978 and now has 20 nuclear reactors in operation, with four more under construction since 2005.