China’s nuclear power fleet seen overtaking US within decade - News Summed Up

China’s nuclear power fleet seen overtaking US within decade


China has committed to boosting nuclear power, which accounted for about 1.7% of its total generation in 2015, to help reduce reliance on coal. Photo: APTokyo: China’s rapid nuclear expansion will result in it overtaking the US as the nation with the largest atomic power capacity by 2026, according to BMI Research. The nation added about 8 gigawatts of nuclear power last year, boosting its installed capacity to about 34 million kilowatts, according to BMI. Another 176 are either planned or proposed, far more than any other nation, according to the World Nuclear Association. ‘’Furthermore, by expanding its own domestic nuclear sector, the country will develop the expertise to export nuclear capabilities and nuclear technology abroad.”Exporting technologyChina General Nuclear Power Corp., along with its fellow state-run nuclear giant China National Nuclear Corp., is seeking to sell and build nuclear power plants across the globe as part of the country’s efforts to export technology and surplus production capacity as it copes with a slowing domestic economy.


Source: Mint January 31, 2017 13:02 UTC



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