South Korea launches advisory physique on nuclear export promotion

SEOUL, March 4 (Yonhap) – South Korea on Thursday launched a brand new advisory physique to advertise its nuclear energy plant exports, which have been boosted by its profitable penetration into the Center East market.

The advisory physique, made up of professors and business consultants, will assist South Korea outline methods to advertise nuclear vitality as a brand new export engine, in line with the Ministry of Commerce, Business and Commerce. Vitality.

The nation has additionally launched a brand new web site (, the place international companions can entry data on South Korean suppliers and associated firms. A separate web site can even present complete data on abroad initiatives for native companies.

South Korea, which has sought to interrupt away from nuclear and fossil fuels and as a substitute use extra inexperienced sources regionally, nonetheless plans to proceed to penetrate the international market extra deeply.

In 2009, a South Korean-led consortium gained a US $ 20 billion contract to construct 4 nuclear reactors at Barakah, 270 kilometers west of Abu Dhabi, within the nation’s first export. of its native atomic vitality expertise.

The primary reactor, accomplished in 2018, began working final 12 months.

The nation, in the meantime, plans to cut back the variety of nuclear energy crops in its nation to 17 by 2034, from 24. Nuclear energy is chargeable for a couple of quarter of the nation’s electrical energy manufacturing.

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