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S. Korea's second-oldest nuclear reactor was unreasonably undervalued: KHNP Updated: 2020-10-20 17:07:53 KST

South Korea's 'Wolsong-one' nuclear reactor was found to have been undervalued before its earlier-then-scheduled closure last year.
That's according to state auditors which on Tuesday said that the Korea Hydro Nuclear Power Corporation had undervalued the reactor's "economic viability"
by not amending sales figures in a projection report that initially showed that the unit price of electricity was to fall.
The government watchdog, however, did not make any judgement on the validity of the early closure of South Korea's second-oldest nuclear reactoradding that there were other factorssuch as safety and the opinions of local residents.
The decision to close the reactor has been a hot topic in domestic politics as it came after the Moon administration laid out its nuclear-free energy initiatives in 2017.
KOGL : Korea Open Government License
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