Unit 1 of South Korea's Shinhanul Nuclear Power Plant has been put into commercial operation.

The picture shows South Korean President Yoon Seok-yue going there to announce his nuclear power policy during the general election in December 2021.

(European News Agency)

[Financial Channel/Comprehensive Report] South Korea held a completion ceremony for Unit 1 of the Shinhanul Nuclear Power Plant on Wednesday (14th), announcing that the unit was officially completed 12 years after the start of construction. At present, Unit 1 of the Shinhanul Nuclear Power Plant has completed It was put into commercial transfer last week (7th), becoming the 27th nuclear power unit put into commercial transfer in South Korea.

"Yonhap News Agency" reported that the construction of the Shinhanul Nuclear Power Plant began in 2010 in Uljin County, North Gyeongsang Province, 307 kilometers southeast of Seoul, and will be completed in 2020. After years of testing, it finally started commercial transfer last week.

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The South Korean government pointed out that it was originally expected that the Shinhanul nuclear power plant would start commercial operation in 2017, but due to the earthquake in Gyeongju in 2016, the plan was delayed.

Unit 1 of the Shinhanul Nuclear Power Plant uses the domestically produced APR1400 pressurized water reactor. It is estimated that the cumulative on-grid electricity for the year will reach 10,424 GWh, which is equivalent to a quarter of the electricity consumption of Gyeongsangbuk-do in 2021. 1. It can also increase the winter power reserve rate from 11.7% to 13.3% to ease the power consumption pressure in winter.

Unit 1 of the Shinhanul Nuclear Power Plant is the 27th nuclear power unit put into commercial transfer in South Korea. Including it, there are currently 2 nuclear power plant units in South Korea that have been decommissioned and 25 are in commercial transfer. In addition, there are 3 more Under construction.

South Korea aims to expand nuclear power to more than 30 percent of its overall electricity generation by 2030 to improve energy security and better achieve net-zero carbon emissions.

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