Losers aplenty: China’s race for nuclear power
In China’s far eastern region of Rongsheng, the government is rolling out one of the most ambitious nuclear power developments in the world.
In China’s far eastern region of Rongsheng, the government is rolling out one of the most ambitious nuclear power developments in the world.
The 31 proposed reactors are down to four actually being built and a few others lingering on in search of a licence, which is good for 20 years. Those four are hopelessly uneconomic but proceed because their state legislatures have committed to finish them as long as a dollar remains to be taken from any electric customer’s pocket. Operating reactors are being closed as uneconomic for the first time in 15 years.
Two years after the Fukushima disaster started unfolding on 11 March 2011, its impact on the global nuclear industry has become increasingly visible. Global electricity generation from nuclear plants dropped by a historic 7 percent in 2012, adding to the record drop of 4 percent in 2011. This World Nuclear Industry Status Report 2013 (WNISR) provides a global overview of the history, the current status and the trends of nuclear power programs worldwide.
We understand that Russians have built two nuclear power plants with VVER-1000 reactors at Tianwan in China. Would you answer the following questions for us please..