nuclear-news

China keen to market nuclear technology overseas

Eyeing future exports China aims to become world’s top nuclear power producer by 2030 TETSUYA ABE, Nikkei staff writer BEIJING, 10 October 15  — 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……….

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. http://asia.nikkei.com/Politics-Economy/Policy-Politics/China-aims-to-become-world-s-top-nuclear-power-producer-by-2030

October 12, 2015 - Posted by Christina Macpherson | China, politics