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Two New Large-Scale Nuclear Reactors to be Built in Yeongdeok, SMR in Gijang

[Anchor]

Yeongdeok in North Gyeongsang Province has been selected as the site for two new large-scale nuclear reactors. This is a location where the construction of a nuclear power plant was previously pursued. Meanwhile, the country's first small modular reactor (SMR) will be built in Gijang, Busan.

Report by Jang Sun-yi.

[Reporter]

Yeongdeok in North Gyeongsang Province and Ulju in Ulsan had been competing to host the two new large-scale nuclear reactors.

Korea Hydro & Nuclear Power (KHNP) held a site selection committee meeting today (June 17) and confirmed Yeongdeok as the site.

Previously, the government announced plans to build two large-scale nuclear reactors with a total capacity of 2.8GW and one 0.7GW small modular reactor (SMR), in accordance with the 11th Basic Plan for Electricity Supply and Demand finalized in February of last year.

Yeongdeok was previously selected as a nuclear power plant site in 2012 during the Lee Myung-bak administration, but the project was scrapped under the Moon Jae-in administration's nuclear phase-out policy.

The site has been considered advantageous because over 80% of local residents support the project, and nearly 20% of the land acquisition has already been completed.

This is expected to shorten the procedures, costs, and time required for the project.

The goal is to complete the new nuclear reactors between 2037 and 2038, which is expected to help meet the rising electricity demand driven by the expansion of the artificial intelligence and semiconductor industries.

[Interview: Choi Sung-min / President of the Korean Nuclear Society: Electricity demand is increasing rapidly worldwide for AI data centers and electrification for carbon neutrality. South Korea, which possesses world-class nuclear power industry capabilities, already has the execution power to expand its nuclear energy.]

Gijang in Busan was selected as the site for the country's first SMR, beating out Gyeongju in North Gyeongsang Province.

Gijang has highlighted its advantage of being able to leverage existing nuclear power infrastructure, as it is already home to the Kori Unit 2, 3, and 4 reactors.

While today's site selection is expected to accelerate the construction of the new nuclear reactors, environmental groups are expected to protest, arguing that the sites were decided without sufficient measures for radioactive waste.

[Video Editing: Nam Il]
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