Korean Peninsula Energy Development Organization

KEDO funding by country (1995 to 2005)
Country U.S. dollars (millions)
South Korea 1,455
Japan 498
United States 405
European Atomic
Energy Community 		122
Australia 14
Others 18

The Korean Peninsula Energy Development Organization (KEDO) is an organization founded on March 15, 1995, by the United States, South Korea, and Japan to implement the 1994 U.S.-North Korea Agreed Framework that froze North Korea's indigenous nuclear power plant development centered at the Yongbyon Nuclear Scientific Research Center, that was suspected of being a step in a nuclear weapons program. KEDO's principal activity is to construct two 1,000 MW light water reactor nuclear power plants in North Korea to replace North Korea's Magnox 5 MW type reactor. The original target year for completion was 2003.

Since then, other members have joined:

KEDO discussions took place at the level of a U.S. Assistant Secretary of State, South Korea's deputy foreign minister, and the head of the Asian bureau of Japan's Foreign Ministry.

The KEDO Secretariat is located in New York.[1]

History

Formal ground breaking on the site for two light water reactors (LWR) was on August 21, 1997, at Kumho, 30 km north of Sinpo.[2] The Kumho site had been previously selected for two similar sized reactors that had been promised in the 1980s by the Soviet Union, before its collapse.[3]

Soon after the Agreed Framework was signed, U.S. Congress control changed to the Republican Party, who did not support the agreement.[4][5] Some Republican Senators were strongly against the agreement, regarding it as appeasement.[6][7] KEDO's first director, Stephen Bosworth, later commented "The Agreed Framework was a political orphan within two weeks after its signature".[8]

Arranging project financing was not easy, and formal invitations to bid were not issued until 1998, by which time the delays were infuriating North Korea.[9] Significant spending on the LWR project did not commence until 2000,[10] with "First Concrete" pouring at the construction site on August 7, 2002.[11] Construction of both reactors was well behind the original schedule.

In the wake of the breakdown of the Agreed Framework in 2003, KEDO has largely lost its function. KEDO ensured that the nuclear power plant project assets at the construction site at Kumho in North Korea and at manufacturers’ facilities around the world ($1.5 billion invested to date) were preserved and maintained. The project was reported to be about 30% complete. One reactor containment building was about 50% complete and another about 15% finished. No key equipment for the reactors has been moved yet to the site.

In 2005 there were reports indicating that KEDO had agreed in principle to terminate the light-water reactor project. On January 9, 2006, it was announced that the project was over and the workers would be returning to their home countries. North Korea demanded compensation and has refused to return the approximately $45 million worth of equipment left behind.[12]

Executive Directors

See also

References

  1. ↑ "Korean Peninsula Energy Development Organization" (PDF), Inventory of International Nonproliferation Organizations and Regimes (Center for Nonproliferation Studies), 2003, retrieved 5 March 2011
  2. ↑ "KEDO Breaks Ground on US Led Nuclear Project That will Undermine Client Status of S Korea". .korea-np.co.jp. 1994-10-21. Retrieved 2009-06-09.
  3. ↑ Siegfried S. Hecker, Sean C. Lee, Chaim Braun (Summer 2010). "North Korea's Choice: Bombs Over Electricity". The Bridge (National Academy of Engineering) 40 (2): 5–12. Retrieved 5 March 2011.
  4. ↑ Leon V Sigal (February 2007), North Korea: Negotiations Work, MIT Center for International Studies, retrieved 2009-03-05
  5. ↑ Joint resolution relating to the United States-North Korea Agreed Framework and the obligations of North Korea under that and previous agreements with respect to the denuclearization of the Korean Peninsula and dialog with the Republic of Korea, House of Representatives, 104th Congress, 1st Session, H.J. Res. 83, September 18, 1995
  6. ↑ "frontline: kim's nuclear gamble: interviews: robert gallucci". PBS. 5 March 2003. Retrieved 2009-06-09.
  7. ↑ "frontline: kim's nuclear gamble: interviews: richard perle". PBS. 27 March 2003. Retrieved 2009-06-09.
  8. ↑ Behar, Richard (2003-05-12). "Rummy's North Korea Connection What did Donald Rumsfeld know about ABB's deal to build nuclear reactors there? And why won't he talk about it? - May 12, 2003". Money.cnn.com. Retrieved 2009-06-09.
  9. 1 2 Behar, Richard (May 12, 2003). "Rummy's North Korea Connection". FORTUNE Magazine (CNN Money). Retrieved 2010-04-14.
  10. ↑ "Korean Peninsula Energy Development Organization Annual Report 2004" (PDF). Korean Peninsula Energy Development Organization. December 31, 2004. Retrieved 2010-04-14.
  11. ↑ Tim Carter (7 August 2002). "Promoting Peace and Stability on the Korean Peninsula and Beyond". KEDO. Retrieved 2010-04-14.
  12. ↑ Myoung-Gun Lee (2006-01-09). "Reactor Project Ends in Failure". English.donga.com. Retrieved 2010-04-14.
  13. ↑ "Stephen W. Bosworth - Biographic Sketch". Institute for Corean-American Studies. Archived from the original on March 10, 2009. Retrieved 2010-04-14.
  14. ↑ "2006 Asian Studies Conference". Case Western Reserve University. 25 March 2006. Archived from the original on 2006-03-20. Retrieved 2010-04-14.
  15. ↑ "Interview: Charles Kartman". Frontline (Public Broadcasting Service). 20 February 2003. Retrieved 14 April 2010.

External links

Coordinates: 40°05′43″N 128°20′29″E / 40.09528°N 128.34139°E / 40.09528; 128.34139

This article is issued from Wikipedia - version of the Thursday, January 14, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.