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Project launched on domestic technology
Source: Agencies |
December 19, 2009, Saturday
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Print Edition
Print Edition
ONE of China's main nuclear power companies and the country's largest utility, China Huaneng Group, have launched a demonstration project that will use domestic technology based on know-how first developed by Westinghouse.
The project takes China a step forward in its effort to acquire advanced nuclear power technology of its own after decades of reliance on foreign expertise.
China's State Nuclear Power Technology Corp will hold a 55-percent stake in the 300-million-yuan (US$44 million) venture set up to build and operate the plant, with Huaneng holding the other 45 percent, SNPTC said. Construction on the project, in Weihai, Shandong Province, will begin in April 2013 and it will be operational by late 2017.
Government plans call for nuclear plants to supply 4 percent to 6 percent of China's power needs by 2020, up from about 2 percent currently.
Westinghouse has received orders worth 1 trillion yen (US$9.8 billion) to build four of its third-generation AP1000 nuclear reactors in China. It has committed to hand over AP1000 technology to SNPTC.
The demonstration plant will have a single generating unit with an annual capacity of 1.4 gigawatts in its first phase and another 1.7 gigawatt unit in its second phase.
The project takes China a step forward in its effort to acquire advanced nuclear power technology of its own after decades of reliance on foreign expertise.
China's State Nuclear Power Technology Corp will hold a 55-percent stake in the 300-million-yuan (US$44 million) venture set up to build and operate the plant, with Huaneng holding the other 45 percent, SNPTC said. Construction on the project, in Weihai, Shandong Province, will begin in April 2013 and it will be operational by late 2017.
Government plans call for nuclear plants to supply 4 percent to 6 percent of China's power needs by 2020, up from about 2 percent currently.
Westinghouse has received orders worth 1 trillion yen (US$9.8 billion) to build four of its third-generation AP1000 nuclear reactors in China. It has committed to hand over AP1000 technology to SNPTC.
The demonstration plant will have a single generating unit with an annual capacity of 1.4 gigawatts in its first phase and another 1.7 gigawatt unit in its second phase.
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