Törölt nick Creative Commons License 2008.12.28 0 0 74365
SKorea announces 28.5 bln dollar energy plan

It plans to spend 37 trillion won (28.5 billion dollars) from 2009 through 2022 in constructing 12 commercial reactors and 19 thermoelectric power plants, the ministry of knowledge economy said in a statement.

The ministry said 12 new nuclear power plants -- including eight under construction -- will be completed by 2012.

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Nuclear power plants meet 34 percent of the country's total electricity demand this year, and they will cover 48 percent by 2022, the ministry said.