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Work starts on new reactor in Guangdong as China promotes self-developed nuclear technology 2022-09-09
Work Starts on New Reactor in Guangdong as China Promotes Self-Developed Nuclear Technology
Unit Five of the Lufeng Nuclear Power Plant broke ground today, less than six months after it was given the greenlight, as China speeds up the roll out of its domestically developed third-generation nuclear reactors to bolster electricity production.
Costing CNY20 billion (USD2.9 billion), the new unit will house the Hualong One, a third-generation pressurized water nuclear reactor, Yicai Global learned from authoritative sources. Situated in the coastal city of Lufeng, southern Guangdong province, it will have a capacity of 1.2 million kilowatts and will be built by China General Nuclear Power Group. Unit 6 with a similar capacity will soon follow.
Six nuclear reactors were given the go-ahead by Chinese authorities in April, all of which will use the third-generation technology. Two of these are in Lufeng, two will be part of the Sanmen Nuclear Power Plant in southeastern Zhejiang province and another two will be at Haiyang Nuclear Power Plant in eastern Shandong province. The Sanmen and Haiyang nuclear power plants are to be built by China National Nuclear Corp. and State Power Investment Corp., respectively.
The pilot project of Hualong One, developed by China National Nuclear, was put into full commercial operation in March at a nuclear power plant in southeastern Fujian province. Since then it has been running without incident, proving that China has mastered third-generation nuclear power technology.
After the 2011 accident at Japan’s Fukushima Nuclear Power Plant, many countries slowed down their nuclear agenda, but China is now ready to push forward.
China's coastal provinces are hoping to build more nuclear power plants, industry insiders told Yicai Global. On the one hand, the large investment can quickly boost the local economy. On the other hand, nuclear power is clean and stable and is not affected by the weather.
China plans to commission six to eight nuclear reactors a year over the next three years, Wang Shoujun, president of the Chinese Nuclear Society, recently told Yicai Global. The country expects have a nuclear power capacity of 70 million kilowatts by 2025. Nuclear power will account for 10 percent of China's total power generation by 2035, double last year's amount.
Source: Yicai
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