CNNC Says Its Plan to Merge Hualong One Reactor Designs Favoredby
China asked CNNC and CGN to merge nuclear designs last year
Joint-venture company tasked with marketing reactor overseas
China National Nuclear Corp. said its plan to merge two versions of the country’s leading reactor designs has won favor among nuclear experts, beating out a competing proposal by its partner China General Nuclear Power Corp.
Nuclear experts invited by Hualong International Nuclear Power Technology Co., a 50-50 joint venture between the two companies, voted 14 to three in favor of CNNC’s plan, it said in a statement Wednesday. Three experts stayed neutral.
China last year asked its two primary nuclear power operators to merge their competing designs for a domestically designed third-generation reactor, called the Hualong One. The companies jointly formed Hualong International in March to develop and export the home-grown design overseas.
The panel’s ruling showed that “integration of Hualong One technology has achieved substantial progress and laid a good foundation for exporting the technology to overseas markets,” CNNC Chairman Sun Qin said in the statement after the vote. Calls to China General Nuclear Power Corp.’s spokesman seeking comment outside normal business hours were unanswered.
Representatives from the National Development and Reform Commission, National Energy Administration, National Nuclear Safety Administration and State Administration of Science, Technology and Industry for National Defense witnessed and verified the voting process, CNNC said.
Shenzhen-based CGN won’t compete with CNNC for customers overseas, with CGN focusing on Europe and CNNC on regions such as South America, spokesman Huang Xiaofei said in May.
China has approved construction of at least six Hualong One reactors within the country, according to China General Nuclear. The company may build a Hualong One reactor at Bradwell in southern England as part of an agreement signed during President Xi Jinping’s visit in October.