Shin Hanul No. 1 and a couple of reactors / Courtesy of Korea Hydro & Nuclear Energy
Korea’s exports within the nuclear power sector reached a file excessive of 32 trillion received ($21.9 billion) in 2023, knowledge confirmed Friday.
The determine represents a 26 p.c improve from the 25.4 trillion received recorded in 2022, in accordance with the Ministry of Commerce, Trade and Vitality.
The Korea Atomic Industrial Discussion board mentioned the sector’s exports are additionally estimated to have additional gained floor in 2024 following South Korea’s participation in a undertaking to refurbish an ageing nuclear reactor at Romania’s Cernavoda energy plant.
„In 2025, the federal government will proceed to supply enterprise alternatives and monetary help to the nuclear power business,“ Second Vice Trade Minister Choe Nam-ho mentioned.
He added the federal government plans to ascertain a 100 billion-won fund to help the business.
„The federal government can even keep efforts to boost the security of nuclear crops and increase communication with the general public to construct belief,“ Choe mentioned. (Yonhap)