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South Korea to invest $6.14 bln in 2 nuclear plants

By: Daniel Chubb | September 12, 2007 | Leave a Comment

south korea

On Wednesday, Seoul’s energy ministry confirmed that South Korea will invest 5.73 trillion won ($6.14 billion) to build two nuclear plants of 1.4 million kilowatts each by 2013-2014. The plants will cut the use of fuel oil used for power generation by 4.2 million tones annually. This is equivalent to saving 2.84 billion won per day on fuel oil, the ministry added.

Is this a good idea? Do you think nucleur fuel is the future? 

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