The Nuclear Safety and Security Commission approved an application to permanently close the Wolsong-1 reactor in Gyeongju, about 370 km South-East of the capital Seoul.
It followed the shutdown of the Kori-1 reactor in 2017.
The shutdown application was made by the Korea Hydro & Nuclear Power Co. (KHNP), the country’s nuclear reactor operator, in February.
The Wolsong-1 reactor started commercial operation in 1983, and its 30-year operational license was extended for 10 more years to 2022.
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The early closure decision was made amid the falling operational rate and the growing maintenance costs for the decrepit reactor.
Under a long-term energy plan to lower dependence on fossil fuels and nuclear power while…