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Nuclear power is losing its glow in China

Why Is China Losing Interest In Nuclear Power? Oil Price, 

The real change here regards discussions of the future. Pre-Fukushima, China’s power planners were considering adding 400 GWs of nuclear power by the year 2050. It appears plans of this magnitude are no longer under consideration.

Whatever the underlying cause, China has de-emphasized its massive nuclear new build strategy. We suspect the reason is a combination of slowing demand for electricity and deteriorating cost competitiveness of the nuclear plants compared to the alternatives.

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December 22, 2018 - Posted by | China, politics

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