China To Meet Nuclear Capacity after Resuming Projects this Year
China is on its way in meeting its target in raising its total installed nuclear capacity to 58 gigawatts after resuming its new project approvals last year. The chairman for the China Atomic Energy Authority said that China has 30 reactors in operation with a total capacity of 28.3 gigawatts and another 24 units are now under construction with a total capacity of 26.7 gigawatts after the approval of eight new reactors. With this speed the target of 58 gigawatts of power placed into operation and another 30 gigawatts is under construction by 2020 is still in the plans.
Among the total reactors 28 are commercial nuclear projects and based on China Nuclear Energy Association it generated 169 billion kilowatts of power last year up by 29.4 percent from 2014. Although China suspended new reactor approvals and launched a nationwide inspection of all the nuclear projects in 2011 after an earthquake and tsunami triggered meltdowns at an aging nuclear plant in Fukushima Japan. While several countries promised to phase out nuclear reactor fleet due to a result in safety concerns and public opposition. China will embark on the biggest nuclear construction program in the world as part of their efforts in easing their dependence on coal.
China is also aiming to be a leader in global reactor builder and has already signed preliminary agreements with countries such as Romania and Argentina in exporting technology which will include its flagship reactor design Hualong I. state nuclear firms is set to finance a nuclear reactor in Britain’s Hinkley Point after they signed a deal with France last year.