China May Achieve Nuclear Goal Ahead of Schedule, Radio Says

China may achieve its long-term plan of having 40,000 megawatts of nuclear power capacity four to five years ahead of schedule, China National Radio said, citing Zhang Guobao, head of the National Energy Administration.

The State Council, or Cabinet, has approved a plan to build 34 reactors with a capacity of 36,920 megawatts, the state-run radio station said, without giving a schedule. Twenty-five units with a capacity totaling 27,730 megawatts are already under construction, according to the report.

China must guard against overcapacity in nuclear power, the state-run radio station said, citing Zhang.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE