South Korea's Nuclear Phase-Out Plan: Safety, Environment, and Renewable Energy Targets
South Korea's Moon Jae-in administration is implementing a nuclear phase-out policy, prioritizing public safety and environmental concerns. The Korea Institute of Science and Technology (KIST) has recommended an energy transition roadmap, aiming to phase out coal and nuclear power by 2080, with a 20% renewable energy target by 2030.
The policy shift follows the 2011 Fukushima meltdown and a 2016 earthquake in Gyeongju, raising public safety concerns. Starting from the 8th plan, environmental effects and safety will play a bigger role in determining electricity generation sources. However, a group of 471 citizens has decided to resume construction of two reactors, with 59.5% supporting the decision.
The government expects electricity bills to increase by approximately 10.9% due to the transition. The 8th Basic Plan on Electricity Demand and Supply estimates peak power demand at 100.5GW for 2030, 12.7GW lower than the previous plan. South Korea aims to maintain long-term policy consistency and citizen participation in its energy transition. A civilian-led committee is studying the feasibility of cancelling new nuclear plants Shin Kori No. 5 and 6. Despite challenges like limited land space and local opposition, the country is committed to its renewable energy goals.
South Korea's nuclear phase-out policy, driven by safety and environmental concerns, is expected to increase electricity bills slightly. Despite public support for nuclear power, the government is committed to a long-term energy transition, aiming to maintain consistency and citizen involvement.
