Seoul: South Korea's nuclear watchdog has approved a plan to extend the lifespan of the Kori-2 nuclear reactor by an additional 10 years. This decision is seen as part of the government's strategy to diversify its energy sources amid a growing focus on green energy and the ongoing boom in artificial intelligence technologies.
According to Yonhap News Agency, the Nuclear Safety and Security Commission's approval comes two years after the Kori-2 reactor, located on the southeastern coast, was shut down. The reactor had been in operation for 40 years since its inception in 1983. The decision highlights the government's commitment to integrating nuclear energy into its broader energy policy.
In other news, the South Korean Navy reported that no mechanical failure was found in a maritime patrol aircraft that crashed earlier this year. An investigation suggested that insufficient training and the absence of an in-flight alarm system might have contributed to the fatal accident. The P-3CK patrol plane crashed into a mountain in Pohang on May 29, resulting in the deaths of all four crew members onboard.
Meanwhile, the National Assembly received a report regarding an arrest motion for Rep. Choo Kyung-ho, former floor leader of the main opposition People Power Party. The motion is linked to his alleged involvement in a brief martial law attempt by former President Yoon Suk Yeol. A vote on the motion is scheduled for November 27.
In financial news, the South Korean won fell further against the U.S. dollar, reaching a new seven-month low. The currency was quoted at 1,467.7 per dollar, influenced by foreign investors selling off stocks and a weaker Japanese yen. This marks the weakest level for the won since April 9.
Additionally, Min Hee-jin, former chief executive of NewJeans' agency ADOR, expressed support for the group's decision to return to the company following a yearlong contract dispute. Min stated that the members' choice was likely made after thorough consideration and discussion.