# Korea Radioactive Waste Agency

Korea Radioactive Waste Agency is a Government / Public Body based in Gyeongju, South Korea.

## Overview

- **Organization type:** Government / Public Body
- **Headquarters:** Gyeongju, South Korea
- **Region:** Asia
- **Address:** 19, Chunghyocheon-gil, Gyeongju-si, Gyeongsangbuk-do, South Korea
- **Founded:** 2009
- **Assets under management:** Undisclosed
- **Website:** korad.or.kr
- **LinkedIn:** https://www.linkedin.com/company/korea-radioactive-waste-agency

## Regulatory record

- **Reports private funds:** No

## About

Korea Radioactive Waste Agency was established in 2009. It oversees the management of radioactive waste, including the construction and operation of low and intermediate-level disposal facilities in Korea.

## Sectors

- Infrastructure
- Energy Transition & Renewables

## Questions

### What is KORAD's funding model?

KORAD is funded through the Radioactive Waste Management Fund, which collects a legislated surcharge from Korea Hydro & Nuclear Power (KHNP) based on nuclear electricity generation. This creates a non-discretionary, volume-linked revenue stream independent of government appropriations or investment returns.

### Does KORAD manage an investment portfolio?

No. KORAD is not an institutional allocator in the traditional sense. Its capital deployment is project-based, directed entirely toward construction, engineering, and operational costs for radioactive waste disposal infrastructure. It does not hold a portfolio of financial assets or make fund commitments.

### What waste categories does the Wolsong center accept?

Wolsong is licensed for low- and intermediate-level radioactive waste (LILW). High-level waste, including spent nuclear fuel, remains in interim storage at reactor sites; KORAD is developing an Underground Research Laboratory to study deep geological disposal for future high-level waste management.

### How does KORAD interact with international peers?

KORAD maintains formal cooperation agreements with several foreign radioactive waste management organizations. Its most documented partnership is with Spain's Enresa, focused on sharing technical expertise for silo-type disposal design, safety assessment, and community engagement strategies.

### Who runs investment decisions at KORAD?

KORAD does not have a chief investment officer or investment committee in the conventional sense. Budget allocation and project approval follow government procurement and public-infrastructure planning processes, with ultimate authority resting with the agency's president under MOTIE supervision.

## Related profiles

- [Korea Post Insurance](https://altss.com/profile/korea-post-insurance)
- [Korea Scientists & Engineers Mutual-Aid Association (SEMA)](https://altss.com/profile/korea-scientists-engineers-mutual-aid-association-sema)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/korea-radioactive-waste-agency

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology