{"id":12568,"date":"2017-06-20T06:39:06","date_gmt":"2017-06-19T20:09:06","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=12568"},"modified":"2017-06-20T06:39:06","modified_gmt":"2017-06-19T20:09:06","slug":"south-korea-nuclear-coal-mb0085","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/south-korea-nuclear-coal-mb0085\/","title":{"rendered":"South Korea To Dump Nuclear Power, Embrace More Renewables"},"content":{"rendered":"
\"Nuclear

Kori Nuclear Plant reactors 1-4 right to left | Image:\u00a0 IAEA Imagebank – 04790180, CC BY-SA 2.0<\/a><\/p><\/div>\n

Making good on his election vows, South Korea’s new president says the country will dump plans for new nuclear power generation and not extend the life of existing reactors.<\/p>\n

According to a report on Channel News Asia<\/a>, President Moon Jae-in made the announcement at an event marking the permanent shuttering of\u00a0 South Korea’s oldest nuclear reactor, Kori No.1, which had been operating since 1978.<\/p>\n

With Kori No.1 shut down, the country still has 23 nuclear reactors in operation. The Shin Wolsong 2 reactor, which commenced operations in 2015, is the youngest – so a nuclear power free South Korea may be quite a way off. The demise of Kori 2, 3 and 4 may be in the not too distant future as those reactors commenced operations in the early to mid-80’s.<\/p>\n

The President stated he would seek to have what is now the nation’s oldest operating plant, Wolsong No.1, shut down as soon as practicable.<\/p>\n

Coal imports may also be in President Moon Jae-in’s crosshairs during his term. In May, RenewEconomy reported<\/a> one of his election commitments was to permanently close ten old coal-fired plants earlier than scheduled, and re-examine plans to construct nine new plants.<\/p>\n

According to Australian Mining<\/a>, 15% of Australia’s coal exports in 2014 were to South Korea; approximately $5.24B worth of the fossil fuel.<\/p>\n

A Renewable Energy Boost<\/h2>\n

Another of\u00a0 President Moon Jae-in’s pre-election pledges was to increase the use of renewable energy in South Korea to 20% by 2030.<\/p>\n

Last year, South Korea’s then-government announced it would invest USD $36.6 billion<\/a> in developing its renewable energy industries by 2020 and there was talk of incentives for utility-scale solar-plus-storage installations<\/a>.<\/p>\n

Solar power has started getting a foothold in the country in recent years, with an estimated 3,615MW capacity in 2015; nearly 50% more than in 2014. In 2016, solar capacity reached 4.35GW<\/a>.<\/p>\n

Around the world, the renewable energy juggernaut is rumbling on, leaving postponed, closed and stranded coal and nuclear power station assets in its wake.<\/p>\n

Recently we mentioned the USA’s infamous Three Mile Island Nuclear Generating Station (TMI) was at risk of closing<\/a> due to competition from renewables and gas. In India, USD $15 billion worth of coal power plants\u00a0 are up for grabs – and it appears no-one wants them<\/a>.<\/p>\n

Last month, voters in Switzerland endorsed a government plan to boost renewables including wind and solar power and phase out nuclear energy<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Making good on his election vows, South Korea’s new president says the country will dump plans for new nuclear power generation and not extend the life of existing reactors.<\/p>\n","protected":false},"author":17,"featured_media":12569,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-12568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nSouth Korea To Dump Nuclear Power, Embrace More Renewables - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"South Korea's new president says the country will dump plans for new nuclear power generation and not extend the life of existing reactors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/south-korea-nuclear-coal-mb0085\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korea To Dump Nuclear Power, Embrace More Renewables\" \/>\n<meta property=\"og:description\" content=\"South Korea's new president says the country will dump plans for new nuclear power generation and not extend the life of existing reactors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/south-korea-nuclear-coal-mb0085\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-19T20:09:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/south-korea-nuclear-power.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"476\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/south-korea-nuclear-coal-mb0085\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/south-korea-nuclear-coal-mb0085\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"South Korea To Dump Nuclear Power, Embrace More Renewables\",\"datePublished\":\"2017-06-19T20:09:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/south-korea-nuclear-coal-mb0085\/\"},\"wordCount\":419,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/south-korea-nuclear-coal-mb0085\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/south-korea-nuclear-power.jpg\",\"articleSection\":[\"General Solar & Storage News\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/south-korea-nuclear-coal-mb0085\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/south-korea-nuclear-coal-mb0085\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/south-korea-nuclear-coal-mb0085\/\",\"name\":\"South Korea To Dump Nuclear Power, Embrace More Renewables - 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KKP 2 - Germany Unit 2 (KKP 2) of Germany's Philippsburg nuclear power plant was taken offline for the final time on December\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Nuclear reactor shutdowns in Sweden and Germany","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/nuclear-reactor-shutdown.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/nuclear-reactor-shutdown.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/nuclear-reactor-shutdown.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/nuclear-reactor-shutdown.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/01\/nuclear-reactor-shutdown.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":54102,"url":"https:\/\/www.solarquotes.com.au\/blog\/submarines-nuclear-not-power-stations\/","url_meta":{"origin":12568,"position":2},"title":"Australian Submarines May Go Nuclear But Our Power Stations Never Will","author":"Ronald Brakels","date":"October 11, 2021","format":false,"excerpt":"Australia recently decided to buy nuclear-powered submarines as part of the\u00a0AUKUS pact with the UK and United States.\u00a0 Assuming it goes ahead, the first sub may be ready around 2040.\u00a0 But while our submarines may have nuclear reactors, our power stations never will. There is a simple reason Australia will\u2026","rel":"","context":"In "Solar Policy"","block_context":{"text":"Solar Policy","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-policy\/"},"img":{"alt_text":"Nuclear power stations and Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/nuclear-sign.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/nuclear-sign.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/nuclear-sign.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/nuclear-sign.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/10\/nuclear-sign.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":68788,"url":"https:\/\/www.solarquotes.com.au\/blog\/best-nuclear-fusion-reactor\/","url_meta":{"origin":12568,"position":3},"title":"The Best Nuclear Fusion Reactor Is 93 Million Miles Away. Here’s Why.","author":"Ronald Brakels","date":"December 15, 2022","format":false,"excerpt":"If you've been paying attention, you've probably heard about a recent breakthrough in nuclear fusion. But if you missed it because you were distracted by Elon Musk's latest buffoonery, you're forgiven. In a nutshell, scientists and engineers at the Lawrence Livermore National Laboratory in California made a controlled fusion reaction\u2026","rel":"","context":"In "Economics Of Solar"","block_context":{"text":"Economics Of Solar","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/economics\/"},"img":{"alt_text":"Nuclear fusion as a source of energy","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/12\/fusion-sun.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/12\/fusion-sun.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/12\/fusion-sun.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/12\/fusion-sun.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/12\/fusion-sun.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":62520,"url":"https:\/\/www.solarquotes.com.au\/blog\/smr-nuclear-waste-mb2503\/","url_meta":{"origin":12568,"position":4},"title":"Small Modular Reactors Big On Nuclear Waste?","author":"Michael Bloch","date":"June 7, 2022","format":false,"excerpt":"Leader of the Opposition Peter Dutton says he's not afraid to have a debate about nuclear energy. That's great, but do we *really* need to have another one? Mr. Dutton was commenting on his choice of\u00a0Shadow Minister for Climate Change and Energy, Ted O'Brien MP.\u00a0 Back in 2019, Mr. O'Brien\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Small Modular Reactor (SMR) nuclear waste","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/06\/smr-nuclear-waste.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/06\/smr-nuclear-waste.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/06\/smr-nuclear-waste.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/06\/smr-nuclear-waste.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/06\/smr-nuclear-waste.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":67933,"url":"https:\/\/www.solarquotes.com.au\/blog\/smr-expensive-electricity-mb2723\/","url_meta":{"origin":12568,"position":5},"title":"Small Modular Reactors: Pricey Power?","author":"Michael Bloch","date":"November 22, 2022","format":false,"excerpt":"Even with generous subsidies from the feds, a proposed SMR (Small Modular Reactor) project in the USA appears to be following the trend set by bigger nuclear power stations planned or under construction - increasingly expensive electricity. An SMR is a small nuclear power plant that can be pre-fabricated off-site\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Small Modular Reactor (SMR) electricity cost.","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/smr-power-cost.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/smr-power-cost.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/smr-power-cost.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/smr-power-cost.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/smr-power-cost.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/12568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=12568"}],"version-history":[{"count":2,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/12568\/revisions"}],"predecessor-version":[{"id":12571,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/12568\/revisions\/12571"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/12569"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=12568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=12568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=12568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}