Korea & the World (9) Nuclear Power in ROK This Week in Brief 2010 NPT Review Conference New York EU.IMF 50 1. , 2. , 3. , 4. 6 BIE 5 Nuclear Power Status in Korea 20 units in operation, 8 units under construction Kori, Wolsung, Ulchin, Yonggwang Localization rate 85% in design, manufacturing, const. Long term supply contract for uranium fuel Base load production, nuclear share 35% Midnight electricity rate Radwaste disposal site (Gyungju) National infrastructure well developed High quality, low cost electricity (2% of GDP) Essential element of the high-tech economy Radioactive Waste Disposal Facility (Under construction) Younggwang 1, 2, 3, 4, 5 & 6 Kori 1, 2, 3 & 4 Shin-Kori 1- 4 (UnderConstruction) Ulchin 1, 2, 3, 4, 5 & 6 Shin-Ulchin 1&2 (Under construction) Wolsong 1, 2, 3 & 4 Shin-Wolsong 1 & 2 (Under Construction) 20 units (17,716MW) 8 units (6,800MW) Nuclear sites in Korea 10 Nuclear Power Technical Self- reliance Design : plant, reactor system, core fuel Manufacturing : reactor, turbine components Construction : civil, mechanical, electrical Operation : O&M training Safety/regulatory : safety licensing Radwaste : treatment, disposal Local firms achieve commercial status Korean Nuclear Program Status 20 NPPs in full commercial operation Nuclear capacity rank #5 Technical self-reliance drive since 1980 Best economy due to design standardization Supplying 40% of total nations electricity High quality, low cost Basis of high-tech green growth economy Nuclear industry : 2% of total GDP Export industry for the Nuclear Renaissance 30 Korean professional staff at the IAEA Korean Nuclear Agencies Nuclear safety/research : MEST( ) R&D: KAERI ( , ) Regulatory: KINS ( , ) Nuclear power/industry: MKE( ) Operation: KHNP( , , , , ) Design: KOPEC ( , ) Manufacturing: Doosan HI ( , ) Fuel: KNF ( , ) Construction: Hyundai. Samsung, etc Korean Nuclear Features Engine for economic development since 70s Transformed from coal to nuclear base load Simultaneous to NPP construction and technical self-reliance Solely for peaceful use since NPT (1975) N/S Joint Declaration of Denuclearization (1992) KEDO LWR construction at Kumho, NK Nuclear export opportunities for NPP, fuel UAE 4X , 186 $ , ~$3,300/kW 60 3 / / 1987 UAE Proven safety and economy APR-1400 /UAE No reprocessing, no enrichment