Nuclear Power R&D Direction: R&D Investment in Nuclear Power Sector to Be Oriented to Phase-out Policy | BusinessKorea

Nuclear Power R&D Direction: R&D Investment in Nuclear Power Sector to Be Oriented to Phase-out Policy | BusinessKorea: The Ministry of Science and ICT released the South Korean government’s nuclear technology development plan for next year on December 18. According to the plan, a total of 203.6 billion won (US$183 million) will be  invested for R&D in the nuclear industry next year and approximately one-third of the investment will be spent on nuclear power plant safety, security and decommissioning technology. For reference, 60 billion won (US$54 million) has been invested in these fields this year.