nuclear-news

China slowing down its nuclear power program

China to approve only a few new reactors by 2015 By David Stanway BEIJING   Oct 24, 2012  (Reuters) – China will approve a small number of new nuclear reactors before 2015 to be built only in coastal regions, the government said on Wednesday, as it unveiled a raft of measures to spur private investments in energy.

In its latest five-year plan for the energy sector, China said it would also promote price reforms for
electricity, coal, oil and natural gas and pledged to boost its hydro, solar and wind power generation in an effort to cut emissions….
China is preparing for a once-in-a-decade leadership transition in November, and its new leaders are widely expected to push for the sort of market-oriented reforms that will break up monopolies in sectors such as energy.
http://www.reuters.com/article/2012/10/24/us-china-nuclear-idUSBRE89N0IW20121024

October 25, 2012 - Posted by Christina Macpherson | business and costs, China