South Korea will build ten more power-generating nuclear reactors by 2011 to meet its growing electricity demand it was announced yesterday.
A long-term plan, adopted by a government committee chaired by Prime Minister Lee Han-dong, calls for the country to build two reactors by next year, two more by 2006, two more by 2008 and four more by 2010 and 2011.
If the plan goes smoothly, South Korea will have 24 nuclear power plants by 2011 and will be able to meet nearly 40 per cent of its electricity needs with nuclear power. South Korea now gets 40.9 per cent of its electricity from nuclear generation.
Some of the plants are already under construction, said officials at the Ministry of Science and Technology.
All but two of the new reactors will have a generating capacity of 1000 MW each. The other two will have a 1400 MW capacity each.
South Korea has the technology to build nuclear power plants on its own. It can produce reactors and other key equipment.
South Korea is not a party to the Kyoto Protocol on greenhouse gas emissions, and does not intend to become one. Its future plans emphasize the development of more nuclear power plants to reduce growth in carbon emissions.