Gyeongju City and KHNP Agree on Regional Development Plan for Wolseong Nuclear Power Plant 'MACSTOR Expansion'

"Ensuring Resident Participation in Monitoring the Construction and Operation of Maxter"

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] Gyeongju City and Korea Hydro & Nuclear Power (KHNP) announced on the 21st at a joint press conference held at Gyeongju City Hall that they have agreed to establish effective principles for regional development plans related to the construction of the 'MACSTOR' (dry storage facility for spent nuclear fuel).

On this day, Mayor Ju Nak-young and KHNP President Jeong Jae-hoon stated that they will transparently disclose the construction and operation process of MACSTOR and guarantee resident participation for monitoring.

Gyeongju City decided to form a consultative body involving Gyeongju citizens to prepare specific regional development support measures with KHNP. KHNP plans to operate MACSTOR after reaching a smooth agreement on regional support measures within the joint consultative body. Additionally, Gyeongju City promised to actively work with the government, KHNP, and the Nuclear Environment Corporation to establish legal and institutional measures as grounds for compensation plans related to spent nuclear fuel and radioactive waste storage managed by the Nuclear Environment Corporation.

Mayor Ju Nak-young of Gyeongju emphasized, "The happiness and safety of local residents are the most important values, and we will strive for mutual development between Gyeongju City and KHNP to achieve this."

KHNP President Jeong Jae-hoon said, "Since relocating our headquarters to Gyeongju, we have consistently worked to become a company loved and trusted by citizens," adding, "We will prioritize citizens' safety in constructing and operating MACSTOR."

Meanwhile, the Ministry of Trade, Industry and Energy finalized the decision on the 20th at the State Affairs Review and Coordination Meeting chaired by the Prime Minister to construct a dry storage facility (MACSTOR) for spent nuclear fuel generated from the Wolseong Nuclear Power Plant (Wolseong NPP).

This content was produced with the assistance of AI translation services.