KEPCO in Talks with UK Government on New Nuclear Power Plant Construction
Korea Electric Power Corporation (KEPCO) is reportedly in talks with the UK government to build a new nuclear power plant off the coast of Wales, according to foreign media reports.
On the 12th (local time), major foreign media outlets reported that UK sources said KEPCO has held initial discussions with UK officials to construct a new nuclear power plant in the Anglesey Wylfa area, and a ministerial-level meeting is expected to take place this week.
Government officials also revealed that Andrew Bowie, the UK Secretary of State for Energy Security and Net Zero, is scheduled to meet with KEPCO this week to discuss the matter.
Previously, Japan's Hitachi had been conducting a nuclear power project in Wylfa since 2012 but abandoned the project in 2021 due to disagreements with the UK government over business requirements. The UK Government's Great Britain Nuclear (GBN) reportedly began purchasing the Wylfa nuclear site from Hitachi last month.
Hot Picks Today
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "You Might Regret Not Buying Now"... Overseas Retail Investors Stirred by News of Record-Breaking Monster Stocks' IPOs
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- [Breaking] Ruling and Opposition Parties Agree to Hold Plenary Session on June 5 for Election of National Assembly Leadership
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
However, a senior official from the Korean government reportedly expressed a cautious stance regarding KEPCO's potential site acquisition, stating that building a nuclear power plant in the UK is a challenging endeavor, according to foreign media.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.