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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."

2 of 200 comments (clear)

  1. Let's go BACKWARDS! by StephenThomasKrausJr · · Score: 5, Insightful

    Seriously, the scandal is less of an issue with nuclear power, it could have happened to ANY of the generating systems they want to switch to as well. Privatizing power generation doesn't work. Its been proven by TEPCO, in the US, and now in South Korea, because the companies will skirt the law anywhere they can as long as they can until they finally get caught. Don't switch to fossil fuels like Gas or Coal, keep the Nuclear and take the plants away from the corporations and put them under strict government control.

  2. Re:Nuclear safety is different by bsolar · · Score: 5, Insightful

    Long term coal is not the answer, but current technology nuclear power is not either. We'd never make any progress on nuclear power itself if there is no incentive in pushing new generation technologies. Let's stop subsidizing nuclear power accident liability costs: either you manage to design it to be safe enough to be privately insureable, or it's not safe enough to get built.