TaiShang
ELITE MEMBER
- Joined
- Apr 30, 2014
- Messages
- 27,848
- Reaction score
- 70
- Country
- Location
China aims to become world's top nuclear power producer by 2030
TETSUYA ABE, Nikkei staff writer
China is rapidly building nuclear reactors, such as this one under construction at the Taishan Nuclear Power Plant in Taishan, Guangdong Province. © Reuters
BEIJING -- Chinese President Xi Jinping's government is poised to greatly expand the country's nuclear power generation, with plans to build six to eight new reactors a year over the next five years.
Under its 13th five-year national development plan, which starts in 2016, China will invest 500 billion yuan ($78.7 billion) to introduce domestically developed reactors. The new five-year plan is to be formally adopted at next spring's annual session of the National People's Congress, China's parliament.
The government plans to make nuclear power a pillar of its economic policy and increase support for related government organizations and industries. Under previous five-year plans, Chinese authorities approved construction of three to five reactors a year.
According to the European Nuclear Society, China is now the world's fifth-largest nuclear power producer in terms of capacity, after the U.S., France, Japan and Russia. The Xi government aims to make China the world's top generator in terms of both capacity and number of reactors by 2030.
Bigger is better
Under the next five-year plan, China's nuclear power capacity is to triple by 2020, compared with the end of 2014, reaching 58,000 megawatts and matching that of France. By 2030, China is expected to have more than 110 nuclear reactors in operation, exceeding the number in the U.S.
According to the China Nuclear Energy Association, there are 25 nuclear reactors operating in the country and a further 26 under construction. Under its current five-year plan, China has frozen new nuclear projects, in principle, in the wake of the 2011 nuclear disaster at Japan's Fukushima Daiichi nuclear power plant.
In addition to unfreezing new projects, China will lift a ban on nuclear projects in inland areas and promote the introduction of domestically developed reactors under its next five-year plan. China hopes to make nuclear reactors a major infrastructure export in the future, along with high-speed trains.
TETSUYA ABE, Nikkei staff writer
China is rapidly building nuclear reactors, such as this one under construction at the Taishan Nuclear Power Plant in Taishan, Guangdong Province. © Reuters
BEIJING -- Chinese President Xi Jinping's government is poised to greatly expand the country's nuclear power generation, with plans to build six to eight new reactors a year over the next five years.
Under its 13th five-year national development plan, which starts in 2016, China will invest 500 billion yuan ($78.7 billion) to introduce domestically developed reactors. The new five-year plan is to be formally adopted at next spring's annual session of the National People's Congress, China's parliament.
The government plans to make nuclear power a pillar of its economic policy and increase support for related government organizations and industries. Under previous five-year plans, Chinese authorities approved construction of three to five reactors a year.
According to the European Nuclear Society, China is now the world's fifth-largest nuclear power producer in terms of capacity, after the U.S., France, Japan and Russia. The Xi government aims to make China the world's top generator in terms of both capacity and number of reactors by 2030.
Bigger is better
Under the next five-year plan, China's nuclear power capacity is to triple by 2020, compared with the end of 2014, reaching 58,000 megawatts and matching that of France. By 2030, China is expected to have more than 110 nuclear reactors in operation, exceeding the number in the U.S.
According to the China Nuclear Energy Association, there are 25 nuclear reactors operating in the country and a further 26 under construction. Under its current five-year plan, China has frozen new nuclear projects, in principle, in the wake of the 2011 nuclear disaster at Japan's Fukushima Daiichi nuclear power plant.
In addition to unfreezing new projects, China will lift a ban on nuclear projects in inland areas and promote the introduction of domestically developed reactors under its next five-year plan. China hopes to make nuclear reactors a major infrastructure export in the future, along with high-speed trains.