Korea likely to raise electricity bill as it retires nuclear reactors: sources
Jun 22, 2017
South Korea is poised to follow Germany and Japan in raising power rates as it retires old nuclear power reactors and makes a switch to eco-friendly renewable energy, industry sources said Thursday.South Korea shut down its oldest Gori-1 nuclear power plant in the southeastern port city of Busan Monday as the newly launched liberal Moon Jae-in administration has pledged to close aged nuclear reactors and coal-fired power plants. The move is popular with many people and environmentalists but has