China Nuclear Power

China building 110 nuclear power plants

China to operate 110 nuclear power plants by 2030; to build 6-8 plans annually for 5 years

BEIJING: China is set to build six to eight nuclear power plants annually for the next five years and operate 110 plants by 2030, a plan authorities believe would meet the urgent need for clean energy, the media reported on Friday.

China will invest 500 billion yuan ($78 billion) on domestically-developed nuclear power plants, the China Daily reported.

Zhou Dadi, vice director of the China Energy Research Society, on Thursday said that China is capable of building and managing a large number of nuclear power plants.

“After decades of development, China boasts advanced technology and valuable experience to build more nuclear power plants,” he added.

According to analysts, the country plans to increase its electricity generation capacity to 58 gigawatts by 2020, three times the 2014 level.

More than 110 nuclear power plants will be put into operation by the end of 2030, exceeding the number of plants in the US.

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MARK SCHLARBAUM - Experienced in China - US business partnerships. Never giving up for those that never stop fighting! Help me join the fight against blood cancer and reach my fundraising goal! Visit My Fund Raising Page