ID :
204548
Wed, 08/31/2011 - 10:59
Auther :
Shortlink :
https://oananews.org//node/204548
The shortlink copeid
State nuclear power firm set to develop safer reactor
SEOUL, Aug. 31 (Yonhap) -- Korea Hydro & Nuclear Power Co. (KHNP), the state-run nuclear power operator, said Wednesday that it will invest 6 trillion won (US$5.6 billion) in developing a safer reactor by 2020 as part of its efforts to beef up the country's nuclear safety.
KHNP said it will earmark up to 7 percent of its revenue for the project every year with some 3,900 experts participating. The company posted 5.8 trillion won in revenue last year.
The reactor will be 10 times safer than those in operation now, with an extended operational life span of 80, said KHNP.
"We decided to set up a cooperative network of the nuclear power community to wipe out concerns over nuclear safety," said Kim Jong-shin, president of KHNP.
KHNP currently runs 21 nuclear reactors in South Korea, accounting for 31.3 percent of the nation's total electricity production in 2010.
Two of the reactors in southeastern Korea went offline earlier in April and June, fueling public concerns about the safety of local atomic power units following the massive earthquake and tsunami that crippled Japan's Fukushima nuclear power station in March.
brk@yna.co.kr
KHNP said it will earmark up to 7 percent of its revenue for the project every year with some 3,900 experts participating. The company posted 5.8 trillion won in revenue last year.
The reactor will be 10 times safer than those in operation now, with an extended operational life span of 80, said KHNP.
"We decided to set up a cooperative network of the nuclear power community to wipe out concerns over nuclear safety," said Kim Jong-shin, president of KHNP.
KHNP currently runs 21 nuclear reactors in South Korea, accounting for 31.3 percent of the nation's total electricity production in 2010.
Two of the reactors in southeastern Korea went offline earlier in April and June, fueling public concerns about the safety of local atomic power units following the massive earthquake and tsunami that crippled Japan's Fukushima nuclear power station in March.
brk@yna.co.kr
