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Target market watch
Target market watch





target market watch

The first initiative was launched with the establishment of the China-Soviet Union Nonferrous Metals and Rare Metals Corporation and the first central atomic research facility, the Institute of Atomic Energy of the Chinese Academy of Sciences in Beijing. Between 19, Chinese nuclear power construction heavily relied on cooperation with the USSR. In the Cold War, the initial motivation of developing nuclear power for Beijing was largely due to security purposes. On COP26 in 2021 China has announced plans to build 150 new civilian reactors until 2035. Ĭhina plans to build as many as thirty nuclear power reactors in countries involved in the Belt and Road Initiative by 2030.

target market watch

Ĭhina is also involved in the development of nuclear fusion reactors through its participation in the ITER project, having constructed an experimental nuclear fusion reactor known as EAST located in Hefei, as well as research and development into the thorium fuel cycle as a potential alternative means of nuclear fission. īy mid-century fast neutron reactors are seen as the main technology, with a planned 1400 GW capacity by 2100. Ĭhina aims to maximize self-reliance on nuclear reactor technology manufacturing and design, although international cooperation and technology transfer are also encouraged.Īdvanced pressurized water reactors such as the Hualong One are the mainstream technology in the near future, and the Hualong One is also planned to be exported. Ĭhina has two major nuclear power companies, the China National Nuclear Corporation operating mainly in north-east China, and the China General Nuclear Power Group (formerly known as China Guangdong Nuclear Power Group) operating mainly in south-east China. More long-term plans for future capacity are 120–150 GW by 2030. In 2009, China's National Development and Reform Commission indicated the intention to raise the percentage of China's electricity produced by nuclear power to 6% by 2020. Nuclear power has been looked into as an alternative to coal due to increasing concerns about air quality, climate change and fossil fuel shortages. As of June 2021, China has a total nuclear power generation capacity of 49.6 GW from 50 reactors, with additional 17.1 GW under construction. Nuclear power contributed 4.9% of the total Chinese electricity production in 2019, with 348.1 TWh. The country ranks third in the world both in total nuclear power capacity installed and electricity generated, accounting for around one tenth of global nuclear power generated. Nuclear power share of total electricity in China (%) Ĭhina is one of the world's largest producers of nuclear power.







Target market watch