Seoul to build institute for nuclear decommissioning
South Korea said it plans to start construction next year of an institute that will develop technologies for the decommissioning of nuclear power plants.
The move is part of government plans to access a global decommissioning market that it believes could be worth about €410bn ($445bn) by the end of the decade.
According to press reports, the institute will be built on two sites. The main site, between Bulsan and Ulsan in the southeast of the country, will develop technologies for light-water reactors. A second site, near the southeastern coastal city of Gyeongju, will develop technologies for heavy-water reactors.