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2018-03-09 13:25:00

CHINA'S NUCLEAR DEVELOPMENT

CHINA'S NUCLEAR DEVELOPMENT

WNN - China will "steadily promote" the development of nuclear power this year, according to a plan released by the country's National Energy Administration (NEA). The plan calls for five new nuclear power reactors to be brought online in 2018 and construction to be started on a further six to eight units.

In its Energy Work Guidance Opinion for 2018, the NEA said China's installed nuclear generating capacity would be boosted by a total of 6 GWe this year with the start-up of the Sanmen 1 and Haiyang 1 AP1000s, the Taishan 1 EPR, the Tianwan 3 VVER-1000 and the Yangjiang 5 ACPR1000.

Two AP1000 units are under construction at both the Sanmen site and at Haiyang in Shandong province. Sanmen 1 is expected to be the first Westinghouse AP1000 to begin operating. Hot testing of Sanmen 1 and Haiyang 1 was completed in June and July last year, respectively. The Taishan 1 EPR has finished the hot functional tests of its commissioning and will be the first EPR to operate. Tianwan 3 was connected to the grid on 30 December and is under trial operation before the start of commercial operation. Yangjiang 5 is also scheduled to begin operating this year.

China will also "actively promote the construction of approved projects with conditions [and] plans to start 6 to 8 units during the year", the NEA said. However, it did not name them or state the type of reactors they will feature. In its plan for 2017, the Administration said preparatory work would be carried out last year on eight units. These included units 3 and 4 of Sanmen, units 5 and 6 of Ningde, and two units each at new plants at Zhangzhou in Fujian province and Huizhou in Guangdong province.

In addition, the plan calls for site selection work to be carried out for further coastal nuclear power plant projects.

The plan also wants China to "continue to implement major nuclear science and technology projects, build a sharing system for experimental platforms for nuclear power technology and equipment, speed up the establishment of major projects for small-scale reactors and actively promote the comprehensive utilisation of nuclear energy".

Under the latest Five-Year Plan - published in March 2016 - China should have some 58 GWe of nuclear generating capacity in operation by 2020, up from the current capacity of almost 35 GWe. In addition, a further 30 GWe of nuclear capacity will be under construction by 2020.

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Earlier:

 Nuclear
2018, February, 2, 12:12:00

CHINA GOES NUCLEAR

REUTERS - China National Nuclear Corp (CNNC), China’s No. 2 nuclear power producer, will take over the country’s top nuclear power plant builder to create a company worth almost $100 billion, the latest state-orchestrated marriage in the nation’s vast power sector.

 

 Nuclear
2018, January, 22, 08:10:00

CHINA'S NUCLEAR POWER - 2017

WNA - Mainland China has 38 nuclear power reactors in operation, about 20 under construction, and more about to start construction. The reactors under construction include some of the world's most advanced, to give a 70% increase of nuclear capacity to 58 GWe by 2020-21. Plans are for up to 150 GWe by 2030, and much more by 2050.

 

 Nuclear
2018, January, 12, 12:40:00

FRANCE - CHINA NUCLEAR COOPERATION

WNN - Cooperation on nuclear power technology is to be expanded between China General Nuclear (CGN) and the French Alternative Energies and Atomic Energy Commission (CEA) under an agreement signed yesterday in Beijing. New Areva and China National Nuclear Corporation (CNNC) have also agreed to work towards signing a contract for the construction of a used fuel processing and recycling facility in China.

 

 Nuclear
2017, December, 15, 12:55:00

NUCLEAR - 2050: 25%

WNN - According to the Foratom statement, World Nuclear Association Director General Agneta Rising said: "By 2050, nuclear energy must account for 25% of energy generation if we are to meet our climate targets. With nuclear making up 11% of generation in 2014, an extra 1000 GWe in nuclear capacity will need to be built by 2050. However, meeting this goal will not be easy."

 

 Nuclear
2017, November, 9, 13:50:00

EIA: NUCLEAR ENERGY WILL UP

EIA projects that global nuclear capacity will grow at an average annual rate of 1.6% from 2016 through 2040, led predominantly by countries outside of the Organization for Economic Cooperation and Development (OECD). EIA expects China to continue leading world nuclear growth, followed by India. This growth is expected to offset declines in nuclear capacity in the United States, Japan, and countries in Europe.

 

 Nuclear
2017, October, 25, 21:26:00

THE BIGGEST ASIAN NUCLEAR

WNN - Asian countries continue to dominate the market for new nuclear build, according to a newly-released report from the World Nuclear Association. Of the 10 new nuclear power reactors that started up worldwide in 2016, eight were located in Asia.

 

 Nuclear
2016, May, 23, 20:55:00

АСЕАН: РАСТУЩИЙ РЫНОК

Министр энергетики отметил, что страны АСЕАН являются одними из наиболее быстро растущих в мире по темпам роста объемов потребления энергии. «Сегодня в этом регионе потребляется вдвое меньше энергии, чем в среднем по миру, при этом с 1990 г. энергопотребление выросло в 2,5 раза», - отметил Александр Новак. По его словам, эта тенденция открывает для России «окно возможностей», связанных с поставками энергоресурсов, технологий и оборудования.

 

 

 

 

Tags: CHINA, NUCLEAR, POWER

Chronicle:

CHINA'S NUCLEAR DEVELOPMENT
2018, June, 18, 14:00:00

U.S. IS BETTER

IMF - Within the next few years, the U.S. economy is expected to enter its longest expansion in recorded history. The Tax Cuts and Jobs Act and the approved increase in spending are providing a significant boost to the economy. We forecast growth of close to 3 percent this year but falling from that level over the medium-term. In my discussions with Secretary Mnuchin he was clear that he regards our medium-term outlook as too pessimistic. Frankly, I hope he is right. That would be good for both the U.S. and the world economy.

CHINA'S NUCLEAR DEVELOPMENT
2018, June, 18, 13:55:00

U.S. ECONOMY UP

IMF - The near-term outlook for the U.S. economy is one of strong growth and job creation. Unemployment is already near levels not seen since the late 1960s and growth is set to accelerate, aided by a near-term fiscal stimulus, a welcome recovery of private investment, and supportive financial conditions. These positive outturns have supported, and been reinforced by, a favorable external environment with a broad-based pick up in global activity. Next year, the U.S. economy is expected to mark the longest expansion in its recorded history. The balance of evidence suggests that the U.S. economy is beyond full employment.

CHINA'S NUCLEAR DEVELOPMENT
2018, June, 18, 13:50:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

U.S. FRB - Industrial production edged down 0.1 percent in May after rising 0.9 percent in April. Manufacturing production fell 0.7 percent in May, largely because truck assemblies were disrupted by a major fire at a parts supplier. Excluding motor vehicles and parts, factory output moved down 0.2 percent. The index for mining rose 1.8 percent, its fourth consecutive month of growth; the output of utilities moved up 1.1 percent. At 107.3 percent of its 2012 average, total industrial production was 3.5 percent higher in May than it was a year earlier. Capacity utilization for the industrial sector decreased 0.2 percentage point in May to 77.9 percent, a rate that is 1.9 percentage points below its long-run (1972–2017) average.

CHINA'S NUCLEAR DEVELOPMENT
2018, June, 18, 13:45:00

SOUTH AFRICA: NO BENEFITS

IMF - South Africa’s potential is significant, yet growth over the past five years has not benefitted from the global recovery. The economy is globally positioned, sophisticated, and diversified, and several sectors—agribusiness, mining, manufacturing, and services—have capacity for expansion. Combined with strong institutions and a young workforce, opportunities are vast. However, several constraints have held growth back. Policy uncertainty and a regulatory environment not conducive to private investment have resulted in GDP growth rates that have not kept up with those of population growth, reducing income per capita, and hurting disproportionately the poor.

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