China Plans Major Nuclear Expansion with 10 New Reactors ...Middle East

OILPRICE - Economy
China Plans Major Nuclear Expansion with 10 New Reactors
source : OILPRICE ( Middle East ) () 29
China has approved plans to build 10 new nuclear reactors for 200 billion yuan ($27.7 billion), positioning it to surpass the U.S. as the world’s largest nuclear power producer by 2030, according to Nikkei Asia. The decision, made at a State Council meeting last month, includes eight Hualong One reactors—developed by state-owned firms based on U.S. and French designs—and two CAP1000 units, based on Westinghouse’s AP1000 model. The reactors will add about 12,000 megawatts of capacity. Construction will take place along the…

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