China leads world in number of nuclear power units under construction cgtn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cgtn.com Daily Mail and Mail on Sunday newspapers.
Last fall, China suffered extensive power outages due to a combination of surging electricity demand and tight supply. A confluence of factors contributed to the energy supply shortage, but nearly all traced back to China’s struggle to manage its overdependence on coal for power generation: rising global coal prices; shuttering of old power plants as part of a push to enhance energy efficiency; emission-reduction efforts; an “unofficial” embargo on Australian coal imports due to geopolitical strife between Beijing and Canberra; and disparities in government price controls (power plants must purchase coal at market rates, but consumer prices are set in a narrow band) that incentivized plants to cease or slow operations rather than produce electricity at a financial loss (Caixin, October 12, 2021; Zaobao, July 14). In 2022, China has avoided a replay of last year’s energy crunch despite the supply shocks in the energy markets induced by the Ukraine conflict by increasing domest
SOURCE / ECONOMY
By Global Times Published: Apr 14, 2021 06:33 PM
Photo taken on December 22, 2018 shows generators of the second phase at Tianwan Nuclear Power Plant in Lianyungang city in East China s Jiangsu Province. Photo: Xinhua
China has taken the global lead in nuclear energy construction capacity, as the installed capacity of nuclear power generating units under construction remained the world s largest in the past few years with 17 units currently under construction, according to the Blue Book of Nuclear Energy 2021 released by China Nuclear Energy Association on Wednesday.
A total of 17 nuclear power generating units are under construction with a total capacity of 18.53 million kilowatts, CNEA Secretary General Zhang Tingke said in an interview with CCTV on Wednesday, adding that all nuclear power projects under construction are making steady progress, and China has fully mastered the core technology of manufacturing advanced nuclear power equipment.