KOREA
Moon calls nuclear power main source of electricity over next 60 years

President Moon Jae-in presides over a meeting on stable supply of power at the presidential office in Seoul, Friday. Yonhap

President Moon Jae-in said Friday that Korea will fully use its nuclear power plants under its nuclear phase-out scheme, calling nuclear power a main source of electricity over the next 60 years.

"Over the next 60 years, while nuclear power plants continue to operate, nuclear power plants should be fully utilized as a main base source of electricity," Moon told a meeting on stable supply of power, according to presidential spokesperson Park Kyung-mee.

The construction of four nuclear reactors ― Shin-Hanul No. 1 and No. 2, as well as Shin-Kori No. 5 and No. 6 ― have been delayed due to safety inspections and other issues.

Moon urged officials to make efforts to gradually start operations at the four nuclear reactors, because safety standards for operations have been strengthened, Park said.

Moon said the Korean government's energy transition policy is to gradually suspend the construction of new nuclear power plants and prohibit the extension of the lifespans of older nuclear power plants until 2084.

Moon called on officials to "make every effort to ensure the safety of nuclear power plants while maintaining proper operation rate," according to Park.

The nuclear phase-out scheme set by Moon's government centers on slowly breaking away from nuclear energy by refraining from building additional plants while retiring old ones.

Under the roadmap, Korea plans to decrease the number of nuclear plants in operation to 17 by 2034 from 24 at present.

The government plans to reduce nuclear energy to account for 23.9 percent of the country's total power generation by 2030 from around 30 percent last year. It targets raising the proportion of renewable sources to 20 percent from 6.6 percent over the same period. (Yonhap)