China Aims to Add 60-GW of Nuclear Generating Capacity by 2020
YourIndustryNews.Com, Jan 05, 2009
The National Development and Reform Commission (NDRC) is considering revising an earlier target of adding 40-GW of nuclear generating capacity by 2020 to 60-GW. An official of the Chinese Academy of Science said nuclear power is the first choice to deal with climate change and also an irreplaceable choice to realize sustainable power supply.
China currently has only 9-GW of nuclear power capacity, accounting for only 1.3 percent of its total power generating capacity. Nuclear power accounts for 16 percent of the worlds total power generating capacity.
The NDRC said in November that China would begin construction of a series of large energy projects by the end of this year in order to boost domestic demand to hedge the impact of the current financial crisis.
China Guangdong Nuclear Power Corporation (Shenzhen, Guangdong province), one of the countrys top nuclear power developers, is developing 20-GW of nuclear power projects worth nearly $29 billion. Other projects to start construction include three nuclear power plants -- in Fujian, Guangdong and Zhejiang provinces -- for a total of 101,000-MW.
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