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Nuclear Power Industry News is a blog about utilities, companies, suppliers in the nuclear energy market.

Bloomberg: China Will Build 28 More Nuclear Power Reactors By 2020

“China will be the world’s nuclear industry leader in terms of technology and also in terms of planning for long term 30, 40 years,” Tony De Vuono, senior vice president and chief technology officer at Atomic Energy of Canada Ltd., said in a separate interview in Beijing

 - Edited by April Murelio -

According to a Bloomberg report, China, the world’s second-biggest energy user, has approved the construction of 28 more nuclear power reactors under a revised target for 2020 to meet rising demand for clean energy and accelerate development of the industry.

Each of the one-gigawatt reactors will cost as much as 14 billion yuan ($2.1 billion), Mu Zhanying, general manager of the state-run China Nuclear Engineering Group, said in an interview in Beijing this week. One gigawatt is enough to power 800,000 average American homes.

“China will be the world’s nuclear industry leader in terms of technology and also in terms of planning for long term 30, 40 years,” Tony De Vuono, senior vice president and chief technology officer at Atomic Energy of Canada Ltd., said in a separate interview in Beijing. “It’s pretty close to that right now. The Chinese government is very committed to nuclear.”

Construction of 20 of the 28 reactors has already begun, Sun Youqi, vice president of China National Nuclear Corp., said at an industry exhibition in the Chinese capital today. It would take 50 months to build one reactor, according to Mu.

The country currently has 9 gigawatts of nuclear capacity in operation, the China Electricity Council said on Aug. 14. Details of the government’s revised plan will be announced this year, China National Nuclear’s President Sun Qin said on March 5.

China is urging nuclear equipment makers to partner with foreign firms to build reactors abroad, Sun said on March 5.

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About steveheiser

Stephen graduated from Emerson College in January 1989 with a B.F.A. in Professional Writing. He started as an energy writer and editor shortly after. Since then he has been writing and editing energy news for a variety of publications including: Wilson's Business Abstracts, Individual Inc., Newspage, Newsedge, Andover News Network, VerticalNet, PowerOnline, ElectricNet, and Live Power News. In December of 2008, Stephen was hired by industry veteran and Nuclear Street Publisher Cam Abernethy to become Nuclear Street’s Managing Editor. Stephen is a member of AEE, ASME, and NEM.
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