Despite the lessons of Fukushima, is it in South Korea’s energy security and economic interests to scale back nuclear power?

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There has been a recent upsurge in opposition to nuclear power plants, but there are arguments that scaling back nuclear power plants in Korea, a country with a low risk of earthquakes, is a decision based on unnecessary anxiety. Nuclear power plants are essential for power stability and economic benefits, and their importance is further emphasized by strict safety management.

 

Recently, opposition to nuclear power plants has been growing across the country. Their arguments are mainly based on the dangers of nuclear power, and the damage caused by the Fukushima nuclear disaster in Japan should be enough to wake everyone up, as it could affect Korea across the ocean. In fact, the 2011 earthquake caused the nuclear disaster. In addition, Japan announced a “zero nuclear power plant policy” shortly after the accident. Given the nature of nuclear energy, it’s clear that the Fukushima disaster will damage Japan in a semi-permanent way. So, are we right to scale back nuclear power to prevent a catastrophe in Japan?
I don’t think so. While Japan is on the edge of a plate boundary and is prone to earthquakes, Korea is fundamentally different because it is located inside the Eurasian plate and is a whopping 600 kilometers away from the Pacific Ring of Fire. If the government were to implement a policy like Japan’s simply because a neighboring country has frequent earthquakes and nuclear accidents, it would be met with a backlash from the public. According to an article in the Kyunghyang Ilbo (1985), Korea has more than 1800 records of earthquakes in its history books from 2 AD to the end of the 19th century. In addition, more than 300 occurred after 1905, when seismographs were installed. In the 100 years that we have been able to accurately measure the magnitude of earthquakes, the largest was a magnitude 5 earthquake in the 70s, which caused only 400 million won in damage. There hasn’t been an earthquake of this magnitude in Japan in over 2000 years of recorded history. A magnitude 5 earthquake occurs about once a month in Japan, and this value is less than 1/10000th of the magnitude of the earthquake that caused the 2011 nuclear disaster.
The phrase “Korea is no longer a safe zone for earthquakes” is often on people’s lips. The plates are shifting. But how can the Korean peninsula, which has been safe from earthquakes for more than 2,000 years, suddenly become dangerous in the 21st century? Plate movements are much slower than in human history, and it is pointless to consider the timing of the peninsula’s exposure to earthquakes. In fact, although research on earthquake-resistant design has recently become more active in the building and structural research community, there is a general consensus that it is not actually necessary, as it is designed to alleviate people’s vague fears of earthquakes. Therefore, it is wrong to extend the possibility of a nuclear accident in Japan to Korea.
Some people say that Korea’s electricity supply is mainly dependent on thermal power generation, so even without nuclear power plants, Korea’s electricity supply would be fine. However, this is not true. If nuclear power plants, which account for about 30% of Korea’s electricity generation, were to be abolished, the burden on households would not be 30%. The government will try to keep power to factories as much as possible to minimize the damage to Korea’s industries, and household electricity bills will increase significantly. Individuals will have to conserve much more electricity than the 30% they currently use.
Nuclear power is actually a necessity for South Korea. Even today, with all the nuclear power plants in operation, South Koreans face power shortages every summer and have to reduce air conditioning to save electricity. Furthermore, in an era where temperatures are breaking records every summer due to global warming, air conditioning restrictions greatly reduce individual work efficiency. Even if all the nuclear power plants are operational, it will be difficult to meet the total electricity needs, and the reduction of nuclear power plants will be a major blow to Korea’s production.
Increasing the share of nuclear power makes economic sense. Thermal power generation is more expensive than nuclear power generation. Replacing the current thermal power generation with nuclear power would mean higher fixed costs to build the plants, but in the long run, it would provide electricity at a lower cost to the public. Thermal power generation is one of the main contributors to increasing the density of carbon dioxide in the atmosphere, and carbon dioxide causes warming. Warmer temperatures in turn increase the need for air conditioning, which drives up electricity consumption, creating a vicious cycle. Nuclear power has negligible greenhouse gas emissions compared to thermal power. This was confirmed in a report by the International Energy Agency (IEA) published in 2021. Nuclear accidents are rare, but they can be devastating, which is why thorough safety management is essential.
Let’s look at examples from other countries. In the mid-20th century, France and Germany took different paths when it came to providing electricity. France chose nuclear power as its source of electricity and now has the second largest number of nuclear power plants in the world after the United States. In fact, as a nuclear power, France has been able to produce electricity cheaply and maintain a stable supply of electricity. French people don’t feel the burden of using electricity to live their lives, there are fewer complaints and inconveniences, and industry runs smoothly. France also exports electricity to neighboring countries, such as Germany, which, unlike France in the mid-20th century, chose to oppose nuclear power, and imports electricity from France. France, which is not prone to natural disasters, has gained economic benefits from nuclear power, which can be applied to Korea. Germany has recently been pushing for more renewable energy, but it still relies on imports.
In 2022, Korea succeeded in winning a contract to build a nuclear power plant in the UAE, which could lead to astronomical economic gains. This news made the country even more jubilant because it won the competition against France, the world’s leading nuclear power. France was not only using the nuclear power plant to power its own country, but also exporting nuclear power to other countries, killing two birds with one stone. Korea’s success in winning the nuclear power plant order means that Korea can compete with them to some extent. Winning a nuclear power plant order is not just a one-time economic benefit, but it can be turned into Korea’s flagship industry and provide us with lasting economic benefits.
Just as a diabetic would not take a candy just because it is not in his mouth, we should not throw away the candy we have in our hands. For Korea, NPPs are like sweet candy that can smooth electricity supply and increase exports. At a time when households are struggling to make ends meet due to the prolonged economic downturn, cutting nuclear power plants is a policy that will only add to people’s stress. Thermal power generation is inferior to nuclear power in both cost and environmental terms, and green energy is still too far away for us to realize.
Finally, according to a report by the Korea Electric Power Corporation (KEPCO) released in July 2023, nuclear power plants continue to operate reliably and strictly manage safety. In addition, reactors with the latest technology have become even safer, making them an important resource to meet future energy needs. For these reasons, we need to remind ourselves of the need and benefits of nuclear power.

 

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