The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Russi, france, USA, all vying to market nuclear reactors to China

Rosatom hopes to plug into nuclear industry By Lyu Chang (China Daily) 2016-04-08  Rosatom, the Russian State Atomic Energy Corp, is seeking to hit big in China’s nuclear industry with the opening of a regional center headquartered in Beijing on Thursday,according to a senior official of the company.

“We are looking to expand our business in China, a market with huge potential for growth inthe nuclear industry, and the activities of regional center are designed to help strengthen ourcooperation with the country,” said Alexander Merten, president of Rosatom InternationalNetwork……..


China’s nuclear industry is on the fast track to become one of the world’s largest, with plans tohave completed 58 gigawatts of installed capacity with another 30 gW under construction bythe end of 2020.

But Rosatom will face fierce competition from companies such as the US WestinghouseElectric and France’s nuclear giant Areva with rival third-generation nuclear designs such asAP1000 and EPR1000, both of which aim to expand its presence in the Chinese market…….

April 8, 2016 - Posted by | marketing, Russia

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