2024-05-15 06:25:00
CHINA, FRANCE NUCLEAR COOPERATION
WNN - 9 May 2024 - China's CGN and France's EDF have signed a Letter of Intent on deepening and expanding cooperation on nuclear energy - it came as President Emmanuel Macron hosted a visit to France by Chinese President Xi Jinping.
Acording to the Chinese Foreign Ministry report on the talks, President Xi said the two countries should step up cooperation in a number of areas, including "nuclear energy, innovation and finance", with President Macron responding that France was "ready to step up cooperation with China" in areas including "nuclear energy for civilian use".
During the visit there were a number of business cooperation agreements outlined, with the Letter of Intent on Deepening Related Cooperation in the Nuclear Energy Field signed by Yang Changli, Chairman of China General Nuclear (CGN), and EDF Chairman and CEO Luc Raymond.
According to CGN the letter of intent means "the two parties will further expand and strengthen cooperation in aspects such as nuclear power engineering construction, talent training, EPR operations and leadership training in the field of nuclear power operations to achieve common development".
CGN and EDF have worked together over many years, dating back to the Daya Bay nuclear power plant's construction, which began in the 1980s, and CGN said that deepening and expanding cooperation areas "is of great significance to the development of civil nuclear energy in both countries and the business development of the two groups".
China and France are two of the world's biggest generators of nuclear energy, with both having large-scale plans to expand capacity in the coming years. According to World Nuclear Association figures, both countries currently have 56 operable reactors. China's have a capacity of 54 GW and it has 27 more reactors under construction which would provide 28.9 GW more capacity. France currently has 61 GW nuclear energy capacity, with one more 1.6 GW reactor under construction.
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Earlier:
2024, May, 3, 06:45:00
CHINA'S NUCLEAR ACCELERATING
China has the world’s largest nuclear fleet and aims to produce 10% of its electricity from nuclear power by 2035 and 18% by 2060 to enhance energy security and advance decarbonisation goals.
2024, April, 3, 06:40:00
CHINA'S NUCLEAR OPENING
The opening of these research facilities and testing platforms by China to the world is expected to promote the development of nuclear technology worldwide.
2024, February, 28, 06:50:00
FRENCH BULGARIAN NUCLEAR COOPERATION
According to the French Economy Ministry: "This cooperation will concern, among other things, the nuclear construction programmes envisaged in the two countries, the analysis of new technologies such as small modular reactors or advanced technology reactors, the development of a European supply chain, the fuel cycle, nuclear power and the strengthening of nuclear training courses within the two countries."
2024, February, 9, 06:25:00
CHINA NEED LNG
Market players said the truck LNG price in China has continued to decline, with an average price of around Yuan 4,100/mt as of Feb. 7, marking a decrease of approximately 15% compared with the average price in 2023. Additionally, specific regional prices have dipped below Yuan 3,600/mt due to factory closures and reduced production during the festive season, sources said.
2024, January, 29, 06:40:00
CHINA NEED OIL & GAS
CNOOC expects production to continue growing over the next two years, with plans to reach 2.25 million boe/d in 2026.
2024, January, 22, 06:45:00
CHINA'S NUCLEAR BATTERY: 50 YEARS
Betavolt, which was established in April 2021, says its battery "combines nickel-63 nuclear isotope decay technology and China's first diamond semiconductor (4th generation semiconductor) module to successfully realise the miniaturisation of atomic energy batteries".
2024, January, 9, 06:35:00
FRANCE, SWEDEN NUCLEAR COOPERATION
France and Sweden will "promote a regulatory, industrial and financial framework favourable to the realisation of nuclear installation projects with a high level of safety and ensuring institutional support for nuclear energy in compliance with the principle of technological neutrality and with the objective of strengthening Europe's sovereignty and energy security".
