China Power Investment to Build More Nuclear Plants

[FBaggins]

China Power is studying plans to build AP1000 nuclear reactors in the provinces of Jilin, Guangxi, Liaoning, Henan and Chongqing, Yu Zhuoping, an adviser at the company, said in an interview today after an industry conference in Beijing.

China Power is competing with larger rivals including Huaneng Power Group to add nuclear capacity under a government plan to increase the use of alternative fuels to cut pollution and dependence on oil and coal. The world’s fastest-growing major economy may spend more than 1 trillion yuan ($146 billion) in the next decade on nuclear energy, Xu Yuming, vice secretary general of China Nuclear Energy Association, said today.

China Power plans to build four AP1000 units at its Pengze plant in Jiangxi province, Yu said. The project may be approved “soon,” he told the conference. Six more units may be added to the Haiyang reactor in Shangdong province, he said.

The company received government approval to start work on Haiyang in 2007. The plant may eventually have eight AP1000 units, compared with six in the original plan, Yu said.

http://www.businessweek.com/news/2010-05-19/china-power-investment-to-build-more-nuclear-plants-update1-.html

[jaksavage]

1. I can hardly wait

to hear about the quality built into chinese nukes.

[FBaggins]

2. It's a japanes/american design. n/t

No doubt if they get 11yr old girls to work 22 hours a day putting it together, they'll have problems.

[jaksavage]

3. I have a box full of usa designs

made in china that failed in their first battery cycle.