New Republic of (South) Korea President Yoon Suk-yeol (inaugurated on Tuesday) is committed to his policy of strengthening the country’s nuclear power sector, reversing his predecessor’s policy (adopted in 2017) of phasing nuclear power out. Investing in nuclear energy formed part of the platform on which Yoon fought the election. The President’s position was reaffirmed by his nominee for the post of Industry Minister, Lee Chang-yang, during his parliamentary confirmation hearing. “I will seek measures to reasonably utilize nuclear energy, which is a major means of energy security and carbon neutrality, and to boost the competitiveness of the sector to actively support its exports,” he affirmed.
