South Korea

Court Forces Bulgaria to Pay for One of Two Canceled Reactors at Belene. Bulgaria’s National Electricity Co.(NEK) should pay Russia’s Atomstroyexport nearly $620 million in compensation for its canceled two-unit Belene nuclear plant, an international arbitration court in Geneva ruled in mid-June. The 2-GW plant was in the offing for more than two decades before NEK […]

In a major shakeup of a power sector currently monopolized by a state-owned giant, South Korea has moved to partially open its electricity generation market to private companies in a bid to improve efficiency

The world’s power sector last year emitted a third of global sulfur dioxide (SO2) emissions, 14% of nitrogen oxides (NOx), and 5% of total particulate emissions (PM2.5), but those emission values have fallen drastically over the last decade even though coal power generation has seen a surge, the International Energy Agency (IEA) said in a […]

The world’s frenzied economic growth through 2040 won’t be matched by electricity demand growth, the Energy Information Administration (EIA) says in the International Energy Outlook 2016 (IEO2016 ) released on May 11. World net electricity generation will jump 69% by 2040, the IEO2016 reference case projects, but that is still well below “what it would […]

The world’s first 1,400-MW Advanced Pressurized Reactor (APR1400), a South Korean Generation III design, has now been connected to the grid. Nearly eight years since construction kicked off in October

Editors note: Corrected (Dec. 7). A previous version of this infographic listed Russia’s nuclear total as 1.9 GW. It is 2.9 GW.

Nuclear costs aren’t on the rise globally as has been widely thought, says a new report from the International Energy Agency (IEA) and Nuclear Energy Agency (NEA) surveying the levelized cost of generating electricity (LCOE).  The eighth edition of the report, “Projected Costs of Generating Electricity” compiles data for 181 plants in 19 OECD and […]

The Korea Radioactive Waste Agency (KORAD) on July 13 disposed its first waste in a newly completed low- and intermediate-level nuclear waste disposal facility underground at Gyeongju in North Gyeongsang

Several major nuclear announcements surfaced from around the world this week. South Korea plans to retire its oldest nuclear reactor early, Nigeria selected two sites for the construction of four nuclear reactors, while Pakistan approved the construction of two China-assisted reactors.  KHNP Moves to Retire Kori 1 Early  Amid growing concerns about the safety of […]

NRC Advances Design Certification of Westinghouse SMR, South Korea’s APR1400. The Nuclear Regulatory Commission (NRC) on Feb. 27 approved Westinghouse Electric Co.’s testing approach for its small modular reactor (SMR) design—a “significant” step that the Toshiba Corp. company said will reduce the time ultimately needed to obtain design certification. By granting a safety evaluation report […]