Slashdot Mirror
Stung By Scandal, South Korea Weighs Up Cost of Curbing Nuclear Power
mdsolar writes in about an ongoing scandal in South Korea that has rocked their nuclear power program. "It started with a few bogus safety certificates for cables shutting a handful of South Korean nuclear reactors. Now, the scandal has snowballed, with 100 people indicted and Seoul under pressure to rethink its reliance on nuclear power. A shift away from nuclear, which generates a third of South Korea's electricity, could cost tens of billions of dollars a year by boosting imports of liquefied natural gas, oil or coal. Although helping calm safety concerns, it would also push the government into a politically sensitive debate over whether state utilities could pass on sharply higher power bills to households and companies. Gas, which makes up half of South Korea's energy bill while accounting for only a fifth of its power, would likely be the main substitute for nuclear, as it is considered cleaner than coal and plants can be built more easily near cities."
Yep.
I wouldn't be surprised if Russia is wetting themselves as more and more countries are abandoning nuclear power and switching to natural gas, which Russia has a monopoly over in Asia.
Previewing comments are for sissies!
'On March 5, 2002, maintenance workers discovered that corrosion had eaten a football-sized hole into the reactor vessel head of the Davis-Besse plant. Although the corrosion did not lead to an accident, this was considered to be a serious nuclear safety incident.[65][66] The Nuclear Regulatory Commission kept Davis-Besse shut down until March 2004, so that FirstEnergy was able to perform all the necessary maintenance for safe operations. The NRC imposed its largest fine ever—more than $5 million—against FirstEnergy for the actions that led to the corrosion. The company paid an additional $28 million in fines under a settlement with the U.S. Department of Justice.[65]'
You can't see me making the 'dick head' motion with my hand, but I'm making it.