South Korea's Moon says will continue phasing out nuclear power

Reuters

SEOUL (Reuters) - South Korea's President Moon Jae-in said on Sunday the government will continue phasing out nuclear-generated electricity following a public opinion survey that dealt a blow to his plans to do so.

 

In a written statement distributed to reporters by his presidential office, Moon added the government would also shut down the Wolsong No. 1 nuclear reactor, the nation's second-oldest nuclear reactor.

 

A public opinion survey on Friday found a majority of almost 60 percent in favor of resuming the stalled construction of two reactors. Building the two reactors could mean reversal of a strategy to slowly reduce nuclear energy's share of the power mix, and also significantly eat into the liquefied natural gas (LNG) demand of the world's second-largest consumer of the fuel.

 

(Reporting by Christine Kim; Editing by Jacqueline Wong)