South Korea to sell reactor to Netherlands
The South Korean Ministry of Education, Science and Technology is meeting with leaders in the Netherlands to try and sell its research reactor technology, Yonhap news agency reports.
The officials are proposing a nuclear energy pact that could include collaboration in the production of radioactive isotopes and efforts by South Korea to focus on eco-friendly growth using nuclear energy to meet growing demand.
South Korea's ministry suggested research reactors have the potential to become a $7.4 billion to $18.5 billion market operating in 40 countries.
There are already 240 operational units around the world, but more than half are more than 30 years old and will need to be replaced in the next 16 years.
Related News
Ontario introduces new 'ultra-low' overnight hydro pricing
TORONTO - The Ontario government is introducing a new “ultra-low overnight” electricity plan that can benefit shift workers and individuals who charge electric vehicles while they sleep.
Speaking at a news conference on Tuesday, Energy Minister Todd Smith said the new plan could save customers up to $90 a year.
“Consumer preferences are still changing and our government realized there was more we could do, especially as the province continues to have an excess supply of clean electricity at night when province-wide electricity demand is lower,” Smith said.
The new rate, which will be available as an opt-in option as of May 1,…
