4 Comments

I read that South Korea built 10 reactors at a third the cost in the West. How did they do it?

https://d2umxnkyjne36n.cloudfront.net/documents/D7.3-ETI-Nuclear-Cost-Drivers-Summary-Report_April-20.pdf?mtime=20180426151016

Expand full comment

South Korea hasn't built any SMRs at all. South Korean designed the 'SMART' SMR but none built domestically ("this is not practical or economic" according to the World Nuclear Association ) or elsewhere. As for conventional large reactors, deep-seated corruption is part of the answer to your question, see https://wiseinternational.org/nuclear-monitor/887/nuclear-monitor-887-17-june-2020 and https://www.wiseinternational.org/nuclear-monitor/844/south-koreas-nuclear-mafia

Expand full comment

Corruption usually increases costs, not reduce them. So you are saying Korean plants are unsafe?

Expand full comment

Cost-cutting corruption has reduced costs and increased safety risks - read the links.

Expand full comment