SOURCE / ECONOMY By Global Times Published: Mar 08, 2021 08:55 PM
The construction of power units using China s self-developed Hualong One technology at East China s Zhejiang San ao Nuclear Power Station started on December 31, 2020. Photo: China General Nuclear Power Group
Nuclear power-related shares rose on Monday after the Government Work Report said that China would enhance nuclear power development, even though domestic stock markets plunged on concerns that the central bank may drain liquidity from the market.
The Government Work Report, released during the two sessions, vowed to push forward the use of clean energy and new energy sources, and to develop nuclear power on the premise of safety, contributing to the goal of curbing carbon emissions and reaching carbon neutrality by 2030.
02/01/2021 | News release | Distributed by Public on 01/31/2021 17:15
China s new 3rd generation reactor to play central role
A successful commercial operation of the world s first Hualong One reactor in China will help the country export its domestically developed third generation design to other countries, according to an analyst.
The Hualong One reactor at unit 5 of China National Nuclear Corp s Fuqing nuclear plant in Fujian province began commercial operation on Jan 30, a milestone in the country s nuclear power development, according to the company.
Hualong One is the CNNC s third generation nuclear power technology, developed and designed by the corporation based on its more than 30 years of nuclear power research, design, manufacturing, construction and operation.
Nation s nuclear energy on steady development track, say experts By ZHENG XIN | China Daily | Updated: 2021-01-15 09:40 Share CLOSE An aerial view of a nuclear power plant under construction in Zhejiang province in December. [Photo/Xinhua]
While China has failed to accomplish its 2020 nuclear target of 58 gigawatts under operation and 30 GW under construction, insiders are optimistic about prospects for the nonpolluting energy resource in China over the next five years as the country has stepped up nuclear approvals and construction since 2020.
China expects to record 49 operating nuclear facilities and capacity of more than 51 GW as of the end of 2020. Nuclear power currently makes up around 2.4 percent of the country s total installed energy capacity, said the China Nuclear Energy Association. There are 19 facilities that have received approval and are under construction, with capacity exceeding 20 GW, ranking top g