2024-05-13 00:33:15
The British Financial Times (FT) reported on the 12th (local time) that Korea Electric Power Corporation (KEPCO) is discussing with the British government a plan to build a new nuclear power plant on the coast of Wales.
The FT reported, “KEPCO has held initial discussions with British officials regarding the issue of building a new nuclear power plant in the Wilfar area of Anglesey,” and added, “A ministerial meeting is expected to be held this week.” He added, “British Minister for Energy Security and Net Zero Andrew Bowie is scheduled to meet with KEPCO this week to discuss this issue.”
According to Reuters, the British Nuclear Energy Agency (GBN) announced last month that it was purchasing the Wilpa nuclear power plant site from Japan’s Hitachi. Hitachi has been carrying out a nuclear power plant project in Wilpa since 2012, but closed down the project in 2021 after differences of opinion arose during discussions on business requirements with the British government. However, the FT explained, “A high-ranking Korean government official expressed a cautious stance on the possibility of KEPCO purchasing the site, saying that building a nuclear power plant in the UK is difficult.”
In the UK, nuclear power plants account for 14% of total electricity production as of 2022. The UK currently operates nine nuclear reactors at five locations. However, due to the aging of existing nuclear power plants, it is expected that all nuclear power plants except one will cease operation by 2030.
Accordingly, in January of this year, the British government announced the ‘Sensitive Nuclear Energy Guidelines’, which contains the largest nuclear power expansion plan in 70 years. The plan is to quadruple nuclear power generation by adding up to eight nuclear reactors by 2050.
Meanwhile, KEPCO President Kim Dong-cheol started selling nuclear power plants following President Yoon Seok-yeol’s state visit to the UK in November last year. President Kim participated as an economic delegation during President Yoon’s state visit and strengthened preliminary work for exporting nuclear power plants to the UK. However, regarding the export of nuclear power plants to the UK, officials from the Ministry of Trade, Industry and Energy and KEPCO said, “It will be decided around 2030, and it is difficult to confirm accurately because it is a matter of the British government’s individual nuclear power plant orders.”
Sejong = Reporter Lee Ho [email protected]
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2024-05-13 00:33:15