The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
  • Hangzhou Asian Games
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
  • Hangzhou Asian Games
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    Actor Song Joong-ki still hungry for new movie roles

  • 3

    S. Korea flexes military might in rare parade with US in central Seoul

  • 5

    BTS' Jungkook to drop 2nd solo single '3D'

  • 7

    4 in 10 Koreans experience overdue wages: survey

  • 9

    All BTS members renew contract with BigHit

  • 11

    Serial killer transferred to detention center in Seoul equipped with execution chamber

  • 13

    Deoksu Palace's reconstructed Dondeokjeon hall to open to public

  • 15

    Hyundai Steel decides to form steel pipe unit

  • 17

    LG Uplus, Hanwha develop ceiling-mounted EV charging system

  • 19

    SK earthon begins crude oil production in South China Sea

  • 2

    K-pop group Kingdom recalls album cover resembling Quran

  • 4

    Korea has world's highest senior poverty rate: data

  • 6

    Tanghulu captures hearts of Korean millennials and Gen Z

  • 8

    Harvest season arrives

  • 10

    Korean tennis player Kwon Soon-woo eliminated in 2nd round at Hangzhou Asiad

  • 12

    K-pop fans rally in Seoul against luxury brands' failure on climate action

  • 14

    Over half of Koreans want continuous strengthening of alliance with US: poll

  • 16

    Korean gov't faces international criticism for R&D budget cuts

  • 18

    EXCLUSIVELawmakers to submit resolution urging China to free N. Korean escapees

  • 20

    Gov't to boost Korean language education for multiethnic students

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
Wed, September 27, 2023 | 18:02
Business
Shutdown cost of oldest nuclear reactor close to 1 tril. won
Posted : 2011-09-23 14:41
Updated : 2011-09-23 14:41
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link
Korea needs to spend nearly 1 trillion won ($840 million) to close down one of its oldest operating nuclear reactors, but no preparations for the move have been made yet, a lawmaker said Friday.

Rep. Kang Chang-il of the opposition Democratic Party estimated it will require up to 986 billion won to shut down the Gori 1 nuclear power plant, in a document submitted to a parliamentary audit for 14 government affiliates under the Ministry of Knowledge Economy, including Korea Electric Power Corp (KEPCO).

The amount claimed by Kang was based on the nuclear analysis of the Organization for Economic Cooperation and Development and the International Energy Agency, he said.

The Gori 1 unit is one of five reactors at the Gori Nuclear Power Plant in northeastern Busan, located 453 kilometers southeast of Seoul. The reactor went online in 1978.

The total amount calculated by the lawmaker, meanwhile, is more than three-times the government's estimate of 325 billion won.

Kang argued that Seoul's estimate excluded the cost of discarding spent nuclear fuel and medium- to low-level radioactive waste.

He blamed Korea Hydro & Nuclear Power Co., an affiliate of KEPCO that operates the country's nuclear power plants, for its almost "zero-level" preparation on how to handle the issue. He urged the company to draw up a concrete plan on the necessary steps needed for the plant closure. (Yonhap)
 
miguel
wooribank
LG
Top 10 Stories
1S. Korea flexes military might in rare parade with US in central Seoul S. Korea flexes military might in rare parade with US in central Seoul
2Korea has world's highest senior poverty rate: data Korea has world's highest senior poverty rate: data
3Gov't to boost Korean language education for multiethnic students Gov't to boost Korean language education for multiethnic students
4Seoul Welcome Week to return for first time since pandemic Seoul Welcome Week to return for first time since pandemic
5[INTERVIEW] Wellington mayor's love for Korean culture spurs collaboration INTERVIEWWellington mayor's love for Korean culture spurs collaboration
6For closer business ties between Korea, Vietnam For closer business ties between Korea, Vietnam
7Late Samsung chairman's love of animals helps change Korea's pet culture Late Samsung chairman's love of animals helps change Korea's pet culture
8BOK warns of worsening household debt situation BOK warns of worsening household debt situation
9Over 100 money changers face suspensions, fines, criminal charges Over 100 money changers face suspensions, fines, criminal charges
10POSCO International to enter US grain market POSCO International to enter US grain market
Top 5 Entertainment News
1[INTERVIEW] ONEUS returns as 'mermaid prince' INTERVIEWONEUS returns as 'mermaid prince'
2Rwandan artists bring diversity to Seoul's art scene Rwandan artists bring diversity to Seoul's art scene
3Kep1er unveils 'Magic Hour' with fresh perspective on love Kep1er unveils 'Magic Hour' with fresh perspective on love
4[INTERVIEW] With '30 Days,' Kang Ha-neul finds new level of comfort in acting INTERVIEWWith '30 Days,' Kang Ha-neul finds new level of comfort in acting
5K-pop group Kingdom recalls album cover resembling Quran K-pop group Kingdom recalls album cover resembling Quran
DARKROOM
  • Turkey-Syria earthquake

    Turkey-Syria earthquake

  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group