Page 250 - 2019 White Paper on the Business Environment in China
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9 White Paper on the Business Environment in China
a major stake in eight power stations, including Sizewell approved projects with conditions [and] plans to start 6 to
in Suffolk and Dungeness in Kent. EDF Energy, a subsidiary 8 units during the year”, the NEA said. However, it did not
of the French company EDF, operates the power stations name them or state the type of reactors they will feature.
but the British Gas owner, Centrica, put its 20 percent stake In its plan for 2017, the administration said preparatory
up for sale in early 2018. The Sunday Times suggested CGN work would be carried out last year on eight units. These
hoped to acquire a 49 percent stake, which indicates EDF included units 3 and 4 of Sanmen, units 5 and 6 of Ningde,
could be looking to offload some of its shareholding. CGN and two units each at new plants at Zhangzhou in
is becoming an increasingly important player in Britain’s Fujian province and Huizhou in Guangdong province. In
atomic plans, and is working with EDF Energy on plans to addition, the plan calls for site selection work to be carried
develop a new nuclear power station at Bradwell-on-Sea out for further coastal nuclear power plant projects. The
in Essex (Wood). plan also wants China to “continue to implement major
nuclear science and technology projects, build a sharing
China is the biggest platform in the world for the system for experimental platforms for nuclear power
deployment of nuclear technology to generate electric technology and equipment, speed up the establishment
power. China has increased the number of its own of major projects for small-scale reactors and actively
operating nuclear power reactors from three to thirty- promote the comprehensive utilization of nuclear
eight, with eighteen more plants under construction. energy” (WNN).
China currently accounts for more than half of the world’s
new nuclear power investment. In 2018, only the US and Under the latest Five-Year Plan China should have
France operate more nuclear power plants than China. about 58 gigawatts (GW) of nuclear generating capacity in
Chinese nuclear power production may surpass the US operation by 2020, up from the current capacity of almost
sometime before 2030 (Hibbs). 35 GW. In addition, a further 30 GW of nuclear capacity
will be under construction by 2020. It has been over two
According to the World Nuclear Association (WNA) years since China has approved new reactor builds, raising
China’s 13th Five-Year Plan included the following nuclear concerns that the country may fall short of its 2020 target of
projects and aims: creating an additional 30 GW of nuclear capacity. Uranium
demand from China is forecast to nearly double from 2015
- Complete four AP1000 units at Sanmen and Haiyang. levels to over 11,000 tons per year by 2020 and to 18,500
tons annually by 2025 (Rashotte).
- Build demonstration Hualong One reactors at
Fuqing and Fangchenggang. There is tremendous room for the Chinese nuclear
energy sector to grow. Nuclear power provides a mere
- Start building the demonstration CAP1400 4.4 percent of electricity in China. In 2016, the US’
reactor at Rongcheng (Shidaowan). nuclear energy consumption was 191.8 million tons of oil
equivalent, while China’s was 48.2 million tons. Chinese
- Accelerate building Tianwan Phase III (units 5 electricity demand is projected to grow 2.5 percent
and 6). by 2020, coupled with a 7.5 percent rise in residential
demand in China’s least-developed regions. China has
- Start building a new coastal power plant. its work cut out, so Beijing’s willingness to diversify its
foreign suppliers and draw technology from Canada and
- Active preparatory work for inland nuclear Russia, in spite of technical issues impacting individual
power plants. projects, is understandable (Wu).
- Reach target of 58 GW nuclear operational by Coal-fired Power
end of 2020
The 13th Five-Year Energy Development Plan
- Accelerate and push for building demonstration establishes for the first time a mandatory target for
and large commercial reprocessing plants (China to Start). decreasing the share of coal in total energy consumption.
The plan aims to have China’s coal consumption
In its Energy Work Guidance Opinion for 2018, the account for no more than 58 percent of national energy
NEA said China will “actively promote the construction of consumption by 2020. While China also set a total
250
a major stake in eight power stations, including Sizewell approved projects with conditions [and] plans to start 6 to
in Suffolk and Dungeness in Kent. EDF Energy, a subsidiary 8 units during the year”, the NEA said. However, it did not
of the French company EDF, operates the power stations name them or state the type of reactors they will feature.
but the British Gas owner, Centrica, put its 20 percent stake In its plan for 2017, the administration said preparatory
up for sale in early 2018. The Sunday Times suggested CGN work would be carried out last year on eight units. These
hoped to acquire a 49 percent stake, which indicates EDF included units 3 and 4 of Sanmen, units 5 and 6 of Ningde,
could be looking to offload some of its shareholding. CGN and two units each at new plants at Zhangzhou in
is becoming an increasingly important player in Britain’s Fujian province and Huizhou in Guangdong province. In
atomic plans, and is working with EDF Energy on plans to addition, the plan calls for site selection work to be carried
develop a new nuclear power station at Bradwell-on-Sea out for further coastal nuclear power plant projects. The
in Essex (Wood). plan also wants China to “continue to implement major
nuclear science and technology projects, build a sharing
China is the biggest platform in the world for the system for experimental platforms for nuclear power
deployment of nuclear technology to generate electric technology and equipment, speed up the establishment
power. China has increased the number of its own of major projects for small-scale reactors and actively
operating nuclear power reactors from three to thirty- promote the comprehensive utilization of nuclear
eight, with eighteen more plants under construction. energy” (WNN).
China currently accounts for more than half of the world’s
new nuclear power investment. In 2018, only the US and Under the latest Five-Year Plan China should have
France operate more nuclear power plants than China. about 58 gigawatts (GW) of nuclear generating capacity in
Chinese nuclear power production may surpass the US operation by 2020, up from the current capacity of almost
sometime before 2030 (Hibbs). 35 GW. In addition, a further 30 GW of nuclear capacity
will be under construction by 2020. It has been over two
According to the World Nuclear Association (WNA) years since China has approved new reactor builds, raising
China’s 13th Five-Year Plan included the following nuclear concerns that the country may fall short of its 2020 target of
projects and aims: creating an additional 30 GW of nuclear capacity. Uranium
demand from China is forecast to nearly double from 2015
- Complete four AP1000 units at Sanmen and Haiyang. levels to over 11,000 tons per year by 2020 and to 18,500
tons annually by 2025 (Rashotte).
- Build demonstration Hualong One reactors at
Fuqing and Fangchenggang. There is tremendous room for the Chinese nuclear
energy sector to grow. Nuclear power provides a mere
- Start building the demonstration CAP1400 4.4 percent of electricity in China. In 2016, the US’
reactor at Rongcheng (Shidaowan). nuclear energy consumption was 191.8 million tons of oil
equivalent, while China’s was 48.2 million tons. Chinese
- Accelerate building Tianwan Phase III (units 5 electricity demand is projected to grow 2.5 percent
and 6). by 2020, coupled with a 7.5 percent rise in residential
demand in China’s least-developed regions. China has
- Start building a new coastal power plant. its work cut out, so Beijing’s willingness to diversify its
foreign suppliers and draw technology from Canada and
- Active preparatory work for inland nuclear Russia, in spite of technical issues impacting individual
power plants. projects, is understandable (Wu).
- Reach target of 58 GW nuclear operational by Coal-fired Power
end of 2020
The 13th Five-Year Energy Development Plan
- Accelerate and push for building demonstration establishes for the first time a mandatory target for
and large commercial reprocessing plants (China to Start). decreasing the share of coal in total energy consumption.
The plan aims to have China’s coal consumption
In its Energy Work Guidance Opinion for 2018, the account for no more than 58 percent of national energy
NEA said China will “actively promote the construction of consumption by 2020. While China also set a total
250
