IAEA Begins Two-Week Inspection Of S Korea's 2nd-Oldest Nuclear Reactor

 The International Atomic Energy Agency Tuesday started a two-week inspection of South Korea's second-oldest nuclear power reactor, Wolseong's No. 1 reactor, in response to increased anxiety over nuclear safety following the Fukushima Daiichi nuclear disaster in Japan last year.
A team of experts led by an IAEA official will inspect the reactor from May 29 to June 7 at the invitation of operator Korea Hydro & Nuclear Power Co., the company said in a statement.
KHNP is the nuclear power unit of state-run Korea Electric Power Corp. (015760.SE), the country's electricity provider.
The Wolseong No. 1 reactor's design life expires in November and the Nuclear Safety and Security Commission is set to decide whether to permit the reactor to operate for another 10 years, a KHNP spokesman said.
However, the IAEA inspection is "separate" from the commission's evaluation, the spokesman said.
The reactor began commercial operations in 1983, according to the company's website.

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