Criticism of Nuclear Phase-Out by Professors' Association: "Immediate Withdrawal of Early Closure Decision for Wolseong Unit 1"

Panorama of Wolseong Nuclear Power Plant. (Photo by Korea Hydro & Nuclear Power)

[Asia Economy Reporter Moon Chaeseok] The Professors' Council for Rationalization of Energy Policy (Egyopyeop) issued a statement on the 20th regarding the Board of Audit and Inspection's audit results on Wolseong Unit 1, stating, "The decision by the Korea Hydro & Nuclear Power (KHNP) Board of Directors to prematurely shut down Wolseong Unit 1 is null and void and must be immediately withdrawn."

Egyopyeop is a group critical of energy transition (nuclear phase-out) policies, consisting of 225 professors from 61 universities nationwide.

The Board of Audit and Inspection announced at around 2 p.m. that day that the economic feasibility, which was discussed as a basis during the premature shutdown process of Wolseong Unit 1, had been unreasonably undervalued.

Egyopyeop emphasized, "The primary argument for the premature shutdown was the lack of economic feasibility, and the main subject of this audit was the appropriateness of the economic feasibility evaluation."

They continued, "Since the economic feasibility was unreasonably undervalued and the KHNP Board of Directors' resolution lacked procedural legitimacy, the KHNP Board's decision to prematurely shut down Wolseong Unit 1 is null and void and must be immediately withdrawn."

Egyopyeop also stated, "KHNP has expressed its intention to construct Shin Hanul Units 3 and 4 in the 9th Basic Plan for Electricity Supply and Demand, and the government should accept this and restore the construction suspension to normal."

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