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South Korea will start building to APR1400 reactors this year and China is completing two AP 1000 nuclear reactors

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Two new reactors have been approved to start construction in South Korea this year. Nuclear will continue its strong growth in the country, albeit under a less ambitious energy policy.

They plan to build two new APR1400 units at Shin Kori in the south east of the country. The reactors will be the fifth and sixth at the site and will come with a combined price tag of KRW7.61 trillion ($7.1 billion). $2.53 billion per gigawatt.

Construction is set to start on Shin Kori 5 in September this year, with unit 6 likely to follow 6-12 months after. They are slated to begin generating power in late 2019 and 2020.

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