South Korea’s postwar economic trajectory and powerful air defenses could serve
as an example for Ukraine if the United States backs Kyiv as it did Seoul,
President Volodymyr Zelenskyy suggested.
Speaking to French newspaper Le Point in an interview published Thursday,
Zelenskyy said South Korea’s economic boom in the 20th century “shows that
values have triumphed” and could be “a good example” for Ukraine.
“South Korea’s development is incomparable to that of North Korea, where we see
real economic and civilizational decline,” the Ukrainian leader added.
Since the 1960s, South Korea has transformed from one of the poorest countries
in the world into an advanced industrial economy, becoming a global leader in
technology with firms like Samsung and Hyundai.
After the Korean War, which left the peninsula in ruins and carved it in two,
South Korea — backed by the United States and its allies — embarked on a path of
rapid reconstruction and industrialization; while North Korea, supported by the
Soviet Union and China, became increasingly isolated and economically stagnant.
Today, South Korea’s GDP is roughly 40 times larger than that of its
nuclear-armed northern neighbor.
“You ask me if this scenario could happen in Ukraine? My answer is that anything
is possible,” Zelenskyy said. “It should be noted that South Korea has a
powerful ally: the United States of America, which will not let North Korea take
over.”
Washington and Kyiv signed an agreement in May to establish an investment fund
to help rebuild postwar Ukraine, which has been devastated by Russia’s
full-scale invasion in 2022. The pact would also see the U.S. develop and profit
from Ukraine’s vast natural resources, which President Donald Trump has publicly
coveted.
South Korea has “many air defense systems that guarantee their security,”
Zelenskyy pointed out, adding that Ukraine aimed to acquire “solid security
guarantees, for example, Patriot systems, which South Korea has.”
The U.S. has long furnished Seoul with its Patriot missile defense system to
shield the country from North Korea’s nuclear threats. About 28,000 American
troops are also stationed in South Korea to help deter aggression from
Pyongyang.
Trump has vowed not to put boots on the ground in Ukraine, insisting Europe
would have to “frontload” a future peacekeeping force.
Moscow was far more of a danger than North Korea, Zelenskyy cautioned. “North
Korea’s population is just over 20 million, while Russia’s has over 140 million.
The scale of these threats cannot be compared,” he said.
“The threats from Russia are five, six, or even ten times greater,” he
continued. “A one-to-one replication of the South Korean model would probably
not be suitable for Ukraine in terms of security.”
Tag - Industrialization
ROME — Italy’s right-wing government is turning its back on two historical
referendums to place a bet on unproven nuclear technology.
Some 35 years after Italy’s last nuclear power plant closed, Prime Minister
Giorgia Meloni and her ministers are drawing up plans to go nuclear once again
in a bid to meet a growing demand for decarbonized electricity. This time,
however, it will be through next-generation nuclear technologies called Small
Modular Reactors (SMRs) and Advanced Modular Reactors (AMRs).
“We need to make some long-term choices. That’s why we have chosen to restart
the development of nuclear power, making a bet on mini-reactors that are safe
and clean sources of energy,” Meloni said in a speech earlier this year.
On Wednesday, Italy’s Environment and Energy Security Ministry announced that
the law outlining the national plan to restart nuclear energy production had
cleared the final institutional hurdle and was now ready to be sent to
parliament.
Speaking at a July 16 event organized by Italy’s main business lobby,
Confindustria, Environment and Energy Security Minister Gilberto Pichetto Fratin
said should Rome approve it, the first plants could be operational by the end of
this decade or in the early 2030s.
According to government estimates, nuclear fission could meet from 11 percent to
22 percent of national demand by 2050.
Italy was previously home to a number of nuclear power plants. But following the
1986 meltdown at the Chernobyl plant in Ukraine, which sent a cloud of
radioactive dust over much of Europe, Italians voted against nuclear power in a
referendum the following year. By 1990 Italy had shuttered its plants and
nuclear power was no more.
In 2011 the decision was reconfirmed with another referendum shortly after the
Fukushima disaster in Japan.
“This government has demonstrated up until now that they aren’t taking into
account at all what has been a very clear expression of the popular will as
demonstrated in two referendums,” said Enrico Cappelletti, a member of the lower
house of parliament and part of the opposition Five Star Movement.
Critics such as Cappelletti argue the process will be slow and expensive, and
will increase power bills for Italians — already the second highest in Europe.
However, the government insists that adding nuclear to the power mix is crucial
to meeting growing energy demand, which is forecast to double by 2050.
SPLITTING THE ATOM
The mid-July Confindustria gathering saw business and political community elites
pack into a parliamentary committee room.
With billions of euros in investment on the line — an EY study estimates Italy’s
nuclear market could reach €50 billion by 2050 — it’s no surprise the event was
an irresistible draw for the companies in pole position to benefit. Although no
nuclear power plants operate in the country, several Italian engineering
companies are active in the sector abroad.
Ultimately, however, any nuclear renaissance would almost certainly require the
participation of firms in countries that already have active nuclear power
plants, such as France or the U.S.
Utility company Enel, infrastructure giant Leonardo, and energy engineering firm
Ansaldo Energia — all under varying levels of state ownership — have formed a
consortium called Nuclitalia to study viable options for a return to nuclear
power. In June, Italy joined the French-led European Nuclear Alliance, an
initiative aimed at promoting nuclear energy throughout the EU.
Speaking at the Confindustria event, Fratin said there was a need for a
continuous source of power to integrate with the variable energy produced by
renewables. Nuclear was the obvious choice, he said, though officially, a final
decision will follow a careful study of the costs and benefits.
“We are a country that at the moment … is not able to meet its national demand
for electricity,” Fratin said. “There is only one path for us to take if we want
to remain among the rich countries of the world.”
The lively discussion demonstrated that the debate has moved beyond the shadow
of Chernobyl to focus on financial arguments.
“When we talk about sustainability, we need to look at it from all angles,”
Katiuscia Eroe, a representative of the climate NGO Legambiente, told the
gathering. “Including the logic of costs, and therefore, economic
sustainability.” Nuclear, she added, wasn’t competitive with renewables given
the huge investments needed to get it up and running.
TINY TECH
Stefano Monti, president of the European Nuclear Society, told POLITICO that
nuclear power is key to providing a steady supply to the grid of decarbonized
energy, known as the baseload, supplementing renewables in moments when there
isn’t enough sun or wind.
The use of new technology is also politically important as it allows the
government to argue that the prior referendums don’t apply.
SMRs use miniaturized technology in effect to factory-produce key reactor
components, thereby achieving economies of scale and reducing costs. AMRs use
non-traditional fission technology and are powered by spent fuel from other
reactors, such as SMRs, potentially reducing the amount of nuclear waste that
needs to be stored. Neither has ever been built in Western Europe — while in the
U.S., one attempted SMR had to be abandoned after costs spiraled.
Monti said the government may ultimately revert to traditional power plant
designs, even though these have incurred huge cost overruns in Europe in recent
years. It may also be the case, he added, that the energy source will need to be
subsidized for a while.
Still, Monti said, nuclear energy was financially competitive with solar and
wind energy when considering the additional infrastructure, such as batteries,
needed to make renewables sufficiently reliable to power the grid.
Michele Governatori, an academic and a member of climate think tank Ecco, said
he didn’t think there would ultimately be any return to nuclear, “but that
doesn’t mean that it won’t cause damage.” The buzz around nuclear, he said, was
allowing the government to sidestep politically unpopular decisions on how to
accelerate the build-out of renewables.
He said the economics argue against fission — nuclear power is expensive and
plants have to be running 24/7 for the finances to work. But given the
fluctuating production levels of renewable energy, on sunny or windy days,
nuclear energy might end up going unused.
The government estimates there’s a backlog of 150 gigawatts of renewable energy
projects currently held up by paperwork. According to Governatori, Rome’s
embrace of nuclear energy was a way of avoiding a showdown with regional
governments over permitting problems, given that local authorities often hold up
developments due to so-called NIMBY concerns.
There are also lobbying interests in play. “The big national champions have a
bigger stake in nuclear than renewables,” said Governatori. Developers of
renewable energy tend to be smaller “and are more distant from the businesses
that are close to the state,” he said.
CONVENIENT CUDGEL
The government’s 2024 energy and climate plan estimates that nuclear power could
save approximately €17 billion in costs compared to an all-renewables strategy.
However, a report by Italy’s central bank found that while adding nuclear to the
grid may help flatten swings in electricity prices, it was unlikely to deliver
any savings.
A paucity of know-how risks delaying construction and adding costs, while “the
processing, enrichment and preparation of fuel is concentrated in a few plants,
largely in countries with elevated political risk (Russia first and foremost),”
the central bank noted.
Meanwhile, while the previous referendums may provide ammunition for the
opposition to criticize the government, they are unlikely to pose a significant
obstacle.
“The previous two referendums don’t create any obstacle whatsoever for the
current governing majority,” said Carlo Fusaro, a law professor at the
University of Florence. Referendums in Italy can revoke laws that are already on
the books, but they don’t tie the government’s hands in perpetuity, especially
as the last one was more than a decade ago.
In theory, the opposition could call another referendum if it’s able to gather
the required signatures, though polls show that public opinion has grown
steadily more pro-nuclear.
Five Star’s Cappelletti said it’s premature to discuss the options, given that
the law has not yet been presented. “We’ll see how things evolve. We can’t
exclude anything, even eventually proposing a referendum.”