Mark Holt, (click here) specialist in energy policy at the Congressional Research
Service, talked about efforts to extend the U.S.-South Korea Nuclear
Cooperation Agreement until March 2016, after an effort earlier in the
year to create a long-term successor failed.
“Critical Themes of the US-ROK 123: Challenges for Congressional Action on Extending the US-ROK Nuclear Cooperation Agreement” was a presentation of the U.S.-Korea Institute at SAIS in partnership with the Global America Business Institute.
Jenny Town is identified on screen as Florence Lowe Lee.
I found the dialogue by Mark Holt more than interesting and he seeks Congressional work on HR 2449. He states it is non-proliferation. 97% of nuclear fuel is imported. The lack of action on HR 2449 would effect South Korea. I do wonder where the 3% is produced domestically and what delaying this bill might do to domestic production or seek imports from other nations such as Russia. Is that what Congress wants to happen?
H.R.2449 (click here).
South Korea imports 97% of its fuel, by ship. Some $170 billion was spent on imported energy in 2011, one third of all imports.
Power demand in the Republic of Korea (South Korea) has increased by more than 9% per year since 1990 but slowed to about 2.8% pa 2006-10 and projected 2.5% pa to 2020. Per capita consumption in 2010 was 9200 kWh, up from 850 kWh/yr in 1980. Over the last three decades, South Korea has enjoyed 8.6% average annual growth in GDP, which has caused corresponding growth in electricity consumption - from 33 billion kWh in 1980 to 406 billion kWh in 2009.
“Critical Themes of the US-ROK 123: Challenges for Congressional Action on Extending the US-ROK Nuclear Cooperation Agreement” was a presentation of the U.S.-Korea Institute at SAIS in partnership with the Global America Business Institute.
Jenny Town is identified on screen as Florence Lowe Lee.
I found the dialogue by Mark Holt more than interesting and he seeks Congressional work on HR 2449. He states it is non-proliferation. 97% of nuclear fuel is imported. The lack of action on HR 2449 would effect South Korea. I do wonder where the 3% is produced domestically and what delaying this bill might do to domestic production or seek imports from other nations such as Russia. Is that what Congress wants to happen?
H.R.2449 (click here).
Latest Title: To authorize the President to extend the term
of the Agreement for Cooperation between the Government of the United
States of America and the Government of the Republic of Korea Concerning
Civil Uses of Nuclear Energy for a period not to exceed March 19, 2016.
Nuclear Power in South Korea (click here)
(Updated August 2013)South Korea imports 97% of its fuel, by ship. Some $170 billion was spent on imported energy in 2011, one third of all imports.
Power demand in the Republic of Korea (South Korea) has increased by more than 9% per year since 1990 but slowed to about 2.8% pa 2006-10 and projected 2.5% pa to 2020. Per capita consumption in 2010 was 9200 kWh, up from 850 kWh/yr in 1980. Over the last three decades, South Korea has enjoyed 8.6% average annual growth in GDP, which has caused corresponding growth in electricity consumption - from 33 billion kWh in 1980 to 406 billion kWh in 2009.
