South Korea Is Powering Down Its Nuclear-Energy Industry

SEOUL—South Korea said it would scrap plans to build new nuclear-power plants and halt operation of the country’s oldest reactor, marking a shift for a nation that ranks among the most reliant on atomic energy.

President Moon Jae-in, the left-leaning leader elected last month, said Monday that he would permanently end operations at the Kori-1 reactor, which went online in 1978, at midnight on Sunday.

“The permanent shutdown of…

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