Korea's First Nuclear Power Plant Shut down in June 2017
Korea Hydro & Nuclear Power released a plan on the decommissioning of Kori Nuclear Power Plant Unit 1. The plan will be examined by nine local governments before a public hearing scheduled for September and the corrected final version of the plan will be submitted to the Nuclear Safety and Security Commission in October.
The first nuclear power plant unit in South Korea was permanently shut down in June 2017. The draft plan for the unit is divided into 12 parts, including personnel and cost management, environmental impact assessment, decommissioning methodology, safety assessment, and radioactive waste management. The total decommissioning cost is 812.9 billion won. The decommissioning process is scheduled to be completed in late 2032 and the money will spent on insurance, R&D, radioactive waste disposal, facility demolition, and so on until then.
The draft plan contains nothing about how to dispose of the spent nuclear fuel of the power plant unit. Korea Hydro & Nuclear Power explained that it would come up with another plan for spent nuclear fuel storage after the national commission in charge of spent nuclear fuel management policy review under the Ministry of Trade, Industry and Energy completes its relevant planning.